Obama's Debt Per Household Greater than Median Household Income

Obama's Debt Per Household Greater than Median Household Income

How exponentially has the national debt grown under Barack Obama? Since he took office, the annual amount of debt per household in the United States is greater than the annual median household income.

Since Obama took office, the federal debt has climbed $6,167,472,778,984.22 (at the time of this writing). Divided by the 115,031,000 households in the country, that means Obama has borrowed $53,616 for each household, compared to the latest recorded median household income of $50,502 (for 2011).

The federal debt on Jan. 20, 2009, was $10,626,877,048,913.08. On April 25, 2013, it was $16,794,349,827,897.30.

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