2009-12-26

OSO's Debt Watch

GDP = $14.2421 Trillion (2009 Q3 final estimate)
Public Debt = $7.73650677397140 Trillion (2009-12-23)
Debt/GDP ratio = 54.32%
Population = 308,253,999 (Resident Population + Armed Forces Overseas, 2009-11-01)
Public Debt / person = $25,097.83
Tax Receipts = $2.063901 Trillion (Year-to-date, Monthly Treasury Statement, 2009-12-10)
Debt/Receipt ratio* = 374.85%

Notes:

2009 Q3 GDP updated (final estimate)

In October 2008, the Debt/GDP ratio was 43.43%
In October 2008, Public Debt / person was $20,264.04
In October 2008, the Debt/Receipt* ratio was 231.82%

* The Debt/Receipt ratio measures year-to-date government revenue as a percentage of current public debt. A good way to compare it would be to compare your current income to what you owe on your mortgage.


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