I am proud to announce that today our beloved country reached an awesome milestone. As a nation, we owe, according to the Peterson foundation, $15,692,368,067,305.23. Our population, based on a census bureau estimate for January 1, 2012, of 312,780,968, and increasing at a rate of one person every 17 second, is today 313,401,015 persons. According to my calculations, therefore, for the first time in history, every inhabitant of our great nation, man, woman and child, dirt-poor or Bob Kerrey, owes an average of more than $50,000 as their own personal share of the National Debt. In fact, we each owe $50,071 and 21 cents!
It took many great men and women to make this happen, but the greatest contribution of all comes from our President, Barack Hussein Obama, who is responsible for nearly a third of this truly humungous heap of indebtedness.
Take a bow, Mr. President. Take a bow, my fellow citizens. We are further in hock than any nation in the history of the planet!