US Debt Passes 16 Trillion Dollars

This past week Obama presided over the US debt racing passed 16 trillion dollars, at a rate unprecedented by any president.

Our debt divided among all Americans individually exceeds 50 thousand dollars.

Below is a sadly accurate video of our spending habits as a country, if they were brought down to family budget levels. Additionally, an illustration of what a trillion dollars looks like is provided by The Bastiat Institute.