Quote:The estimated population of the United States is 306,351,072
so each citizen's share of this debt is $37,174.23.

^ Somewhat silly.

I remember my economics lecturer complaining how many people have that idea.
Government debt is not necessarily a bad thing, and large debts are expected during economic slumps.  Of course, if trend deficit levels are unsustainable, that's a different issue.
It's also debatable whether the level of debt is appropriate, but that's a different argument not related to the above point.

(This post was last modified: 11/06/2009 06:31 PM by ZiNgA BuRgA.)