Over $27,000 Has Been Borrowed in Your Name (Yes, You Specifically)

Check out this world debt comparison calculator at The Economist‘s website. It goes country by country and gives both total and per capita debt figures. Chile is looking pretty good at $600-$700 in public debt per person. The USA is over $27,000 per person in FY 2010, projected to go to more than $30,000 in FY 2011. Japan gets the booby prize at over $83,000, and several European countries are doing worse than we are. I actually think these numbers are understated because it shows U.S. debt at less than $10 trillion, a number much lower than what I have seen published elsewhere.

About Dr. J

I am Professor of Humanities at Faulkner University, where I chair the Department of Humanities and direct online M.A. and Ph.D. programs based on the Great Books of Western Civilization. I am also Associate Editor of the Journal of Faith and the Academy and a member of the faculty at Liberty Classroom.
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