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The Tulsa Beacon

 

Tag: National Debt

Editorial: America is drowning in its debt

Tulsa Beacon

Why is no one upset that the national debt is $22 trillion? That’s $22,000,000,000,000.00. Given a population of 325,000,000, that means every American owes $67,692 as part of the debt. So, a household of four would owe $270,769. Millennials (ages 26-36), the ones who will pay off that debt, have an average personal debt of…