Federal Debt is $59K per person. http://www.bloomberg.com/visual-data/best-and-worst//most-government-debt-per-person-countries http://www.bloomberg.com/visual

Federal Debt is $59K per person. http://www.bloomberg.com/visual-data/best-and-worst//most-government-debt-per-person-countries http://www.bloomberg.com/visual-data/best-and-worst//most-go... So that's about $120K per taxpayer. It takes a long time to pay that kind of debt down on stagnant wages. It's more than the annual GDP and one of the worst in the world: https://en.wikipedia.org/wiki/List_of_countries_by_public_debt https://en.wikipedia.org/wiki/List_of_countries_by_public_de... The right alternative to raising taxes might be to moderate spending and trying to pay down the debt. We need to not leave the kids with a bum debt.