The National Debt on January 1, 2009 was:
$10,669,804,864,612.13
When President Barack Obama was inaugurated on January 20, 2009, the National Debt was:
$10,626,877,048,913.08
In 1959, the interest paid on the National Debt was $7,592,769,000 (The total debt was $290,797,771,717.63 that year)
In Fiscal Year 2009, the interest paid on the National debt was:
$383,071,060,815.42 (greater than the total debt in 1959)
3 comments:
In 1959 my parents paid $18,000 for their house. We sold it for $440,000 in 2007. Their house price went up almost as fast as the national debt. Amazing!
thank you been looking for this info didnt know where to look
Inflation??
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