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I tried converting the prices into pizzas, to put it in more familiar terms, and it just became a hard-to-think-about number of pizzas.
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JohnHarp
79 days ago
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tante
81 days ago
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Me doing any sort of adult financial stuff.
Oldenburg/Germany
mindspillage
82 days ago
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yep.
Mountain View, California
rclatterbuck
82 days ago
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This! And to an order of magnitude (or so) less extent, car buying.
dukeofwulf
82 days ago
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The US national debt is 61k per citizen, 167k per taxpayer. Hopefully those numbers are more relatable. The government is racking up a credit card on our behalf, and our descendants will get the bill. http://www.usdebtclock.org/
kbenson
81 days ago
Debt to assets or net worth might of the country be a more intuitive way to look at this, which would naturally include companies and corporations, which definitely should be included for a number like that. Unless the goal of the number is to incite fear and outrage instead of illustrate and educate. But who would do something like that?
dukeofwulf
81 days ago
The goal was to but a big number in a relatable context. If we're looking for a more fair ratio, that would be debt over GDP. That said, companies and corporations are ultimately owned by (mostly) citizens, so ultimately it comes back to a debt to personal income ratio.
dukeofwulf
81 days ago
Another thing... sure, I feel fear and outrage is appropriate. Our country has a spending problem. Both in government and individually. We can't keep spending at this rate without raising taxes.
benzado
81 days ago
I agree with dukeofwulf, it's about time we raised taxes back up to sustainable levels!
olliejones
81 days ago
Yeh. Big sovereign debt. Due to big sovereign delusion that we can have highways and airports and military adventures without paying for them.
Covarr
82 days ago
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The average price of a house and the US national debt are both "more than I make in a year".
Moses Lake, WA
alt_text_bot
82 days ago
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I tried converting the prices into pizzas, to put it in more familiar terms, and it just became a hard-to-think-about number of pizzas.