Californian

How to Solve the Banking Crisis

Grabeard,

700 billion is 700,000,000,000 . You have added 3 decimal places (showing 700 trillion). So, dividing by 305,283,091(9/28/2008 est. U.S. population)= $2,292 debt for every citizen, pretty much what Treasury says.

The trouble is that middle class citizens will pay more for this because lots of people pay no taxes. So, if your family net taxable income is 100K, I suspect this will cost your family perhaps twice as much, or $4500 per person, on average.