U.S. Debt per Capita Surges Compared to Population Growth Since 2008

Wednesday, 29 May 2024, 11:18
The post delves into the concerning trend of U.S. national debt per capita rising at a significant rate of 7.4% annually since 2008, outpacing the population growth. By the end of 2024, the debt per person is projected to reach $109,000. This surge in debt poses a substantial financial burden on every American, affecting their economic well-being and future prosperity.
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U.S. Debt per Capita Surges Compared to Population Growth Since 2008

U.S. Debt Growth Outpaces Population Increase

The U.S. national debt per capita has been soaring at a rate of 7.4% annually since 2008, far surpassing the growth in population. This alarming trend indicates a significant financial challenge for every American.

Projected Burden by 2024

By the end of 2024, each American is estimated to carry a $109,000 debt burden due to this unprecedented surge in national debt per capita.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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