Real Estate Blog
Giving the lowdown on issues effecting Real Estate finance.

In a good article by the NY Times on February 4th, they break out the total amount the goverment has spent, invested, and guaranteed to date. You can read the full article here.

The grand total (so far) is about 8.8 TRILLION dollars.

Sometimes these numbers get so big that they lose perspective, so to bring this back down to size, think of it this way”

According the the US Census web site at www.census.gov, there are 305,854,281 people in the U.S.

That breaks down to $28,771.87 per PERSON in the US. So for the average family of 3.21 people in the US, your family has now been saddled with $92,357.70.

I don’t know about you, but if the government were to invest $92,000 to my family, I could have gotten a lot more good out of it than I have in the current format!!!!



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