Monday, December 14, 2009

We Owe More Than You Think

I know when we see the 9 Trillion or 12 Trillion $$ figure, that is not what we owe... I have been trying to compare the 'debt' with the 'deficit' which is almost impossible for a math idiot like myself.. If you have some information about this would you please post it?

The Treasury Department estimates that our debt to China is approximately $776.4 billion, having grown more than $240 billion in the last year. That is more than $10,000 in debt for the average American working family.

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