sources:
http://research.stlouisfed.org/fred2/series/NICUR
http://www.treasurydirect.gov/NP/BPDLogin?application=np
http://www.census.gov/popest/states/NST-ann-est.html
http://www.bls.gov/data/inflation_calculator.htm
This chart shows the last 10 years of national income and national debt per capita, adjusted to 2010 dollars. Per capita income rose slightly, while per capita debt rose very sharply, on a trajectory to double within the next few years.
Despite the comparison of a stock vs. a flow, I find it ominous that the debt crossed the income line around the beginning of 2010. The debt shown is only federal debt. It does not include private debt, state or local government debt. The chart also doesn't address the distribution of that income which is becoming more concentrated in the top quintile.
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