Per Capita Debt Reaches $1.5 Million For Every Child Born Today

Reblogged from THE ROYCROFT REPORT:

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February 24, 2012 - Here are some disturbing statistics that involve the insane spending habits of Washington, D.C. that involve your children's future:

  • Children born today will inherit a per capita share of the national debt exceeding $1.5 million, a new study reveals. Republican analysts on the Senate Budget Committee used figures from the Congressional Budget Office to calculate the relative share of the national debt–currently $16 trillion and counting–among different age groups.

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Because this kind of debt isn't the very definition of insanity...does any seriously still believe it's only a revenue problem?

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