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

'People really need this much hand-holding?': Government reminds citizens to pay their premiums

April 19, 2014  06:52 PM

Now that Obamacare’s open enrollment period has passed, there’s just one other tiny detail nagging at those millions of new sign-ups — paying their premiums. The administration’s being awfully quiet about how many enrollees have actually paid their first premium, but they have sent out a subtle reminder via Twitter that Obamacare isn’t free after all. If […]

Today in the War on Women: OFA slaughters self-awareness in a single email [pic]

April 19, 2014  02:40 PM

Party of Logic.

Obama admin: No worries, Obamacare is doing fine, but we have one little request [pic]

April 19, 2014  10:24 AM

Out: Get covered. In: You guys are gonna pay, right?

President Clinton warned: 'The right wing has seized upon the internet'

April 18, 2014  08:05 PM

In the mid-’90s, President Bill Clinton received a report about the Internet, or as the report puts it, the “Communication Stream of Conspiracy Commerce.” In particular, the report warns of the growing influence of the GOP online: The internet has become one of the major and most dynamic modes of communication. The internet can link people, groups and […]

PETA shames first lady for use of real eggs in White House Easter egg roll [video]

April 18, 2014  07:07 PM

"You're better than this."

FSM Archives

More in MUST READS ( 1 OF 25 ARTICLES )