2012: Another Year Older and Deeper In Debtby Tom Blanton
Oct. 15, 2012
Instant Justice: Antifa Assaults Journalist In DC, Gets Arrested Immediately
Trump: DREAMers Should 'Rest Easy'; Prosecuting Assange 'OK With Me'
Bill Nye Show: White People Need to Stop Using 'Asian Wallpaper,' Ruined Yoga With 'Their Lululemon Hands'
Hate Crime Hoax: Muslim Prof Fabricated Anti-Muslim Threats to 'Gain Sympathy'
Maxine Waters Paid Daughter Nearly $650k From Campaign Funds
The 2012 budget year for the federal government ended on September 30, 2012 leaving each and every one of 314,576,911 people in America (as estimated by the Census Bureau on October 14, 2012) in debt for $51,072.54. According to Treasury Department figures, the National Debt on September 30, 2012 was $16,066,241,407,385.89 and on September 30, 2011 it was $14,790,340,328,557.15, indicating an increase in the National Debt of $1,275,901,078,828.74 - or $4,055.98 for every man, woman and child in America. Recent reports in the news cite government estimates of $1.1 trillion for the 2012 deficit, but it is likely that the government and news agencies lack a super computer capable of the advanced arithmetic such as the one I used. It is also possible that the $1,275,901,078,828.74 was rounded down to $1.1 trillion using new political math.