America’s national debt is growing by the second and currently stands at more than $18 trillion.
Every day, $2.32 billion is added. And that interest adds up, too.
From Fox News:
Caleb Bonham of Campus Reform took a walk around Charleston, South Carolina, recently to see what students think of the more than $18 trillion in national debt.
That equals about $56,000 owed to the federal government per individual. And when taking into account the $126 trillion in unfunded liabilities – like Social Security and Medicare – the number swells to $1.1 million per person.Bonham asked students their birth date, then plugged that into a calculator to figure out each person’s lifetime share of debt.First, he asked them what they’d do if they got a check for that enormous amount, but then he broke the news about what the number actually represents.One student’s response? “Holy s**t.”He then accused lawmakers of failing to think about future generations.Another said “we got to do something to change that,” while a group of women blamed the rising debt on President Obama.
