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

Suspected MS-13 assassin and illegal immigrant from El Salvador discovered at car dealership in Orange County, Calif.

September 04, 2015  08:14 PM

Arrested June 11, but deported today.

Jeb Bush looks to galvanize conservative support with a #ForceFriday Star Wars GIF

September 04, 2015  06:12 PM

May the Force be with you, Jeb ... you're going to need it.

'Condescension is strong': Hillary Clinton sorry if YOU were 'confused' by her email shenanigans

September 04, 2015  03:29 PM

"The Hillary two-step."

James Woods perfectly sums up what Obama's trip to Alaska was all about

September 04, 2015  02:10 PM

Nailed it!

'Oops': Former Obama adviser Dan Pfeiffer's attempt to mock Mitt Romney backfires

September 04, 2015  01:04 PM

Does Pfeiffer really want to go here?

FSM Archives

More in MUST READS ( 1 OF 25 ARTICLES )