Black Friday: Treasury Borrowed $211.69 Per U.S. Household on Day After Thanksgiving

by TERRANCE JEFFREY November 27, 2012

The U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals approximately $211.69 for each of the nation's 114,916,000 households.

At the close of business last Wednesday, according to the Treasury, the national debt was $16,283,161,895,179.85. On Thanksgiving, the Treasury took the day off and did no borrowing. But on Friday, the Treasury increased the debt of the United States to $16,307,488,943,564.23. That was a one-day increase of $24,327,048,384.38.

The Census Bureau estimated that as of September there were approximately 114,916,000 households in the United States. So, the $24,327,048,384.38 that the Treasury borrowed on Friday equaled about $211.69 per household.

FINISH


blog comments powered by Disqus

10 year FSM Anniversary

Profile-pic-in-courage: Hillary changes avatar to a rainbow 'H' as SCOTUS starts debate on gay marriage

April 28, 2015  09:37 AM

Caution: Avatar activism at work.

'God bless him': 'More than 1000' Baltimore residents volunteer to help clean up after last night's riots [photos]

April 28, 2015  07:27 AM

1000+ heroes.

FLASHBACK: Baltimore mayor vetoed body camera bill in December 2014

April 28, 2015  07:07 AM

"The Mayor of #Baltimore just did two of the top things she will most regret in her life."

Sheriff Clarke unloads on 'mealy-mouth' politicians who created a 'permanent underclass'; Time to 'clear the streets'

April 28, 2015  06:50 AM

Truth.

No justice, No Charmin! Looters steal toilet paper, Pringles, and Oreos to honor Freddie Gray

April 27, 2015  10:56 PM

Congratulations, Social Justice Mob. Your Baltimore rioters will go down in history as the most hygiene-conscious ever. Hands up, pants down, swipe, and wipe! We are going to need to airlift toilet paper into #Baltimore Be as generous as you can pic.twitter.com/GP9xwLGBFZ — mikemckenna (@mikemckenna19) April 28, 2015 Baltimore Police van burns as looter,s protesting death […]

FSM Archives

More in MUST READS ( 1 OF 25 ARTICLES )