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Of Grand Forks • East Grand Forks January 6, 2022
Published by: Wick Publications
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Issue # 1,252
TIDBITS BRINGS YOU ®
MONEY MATTERS by Kathy Wolfe
ORGANIC SALON SPA
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Author Jonathan Swift said “A wise person should have money in their head, but not in their heart.” With that wisdom in mind, Tidbits digs deep for these facts on money and riches. • It took nearly 300 years for the U.S. government to accrue a national debt of $1 trillion, a figure reached in 1982. Four years later in 1986, that figure had doubled to $2 trillion, and doubled yet again to $4 trillion by 1992. At the end of November, 2021, the national debt had reached nearly $30 trillion, about $88,000 per U.S. citizen.
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• In mid-2021, credit card debit in the U.S. exceeded $998 billion. That’s an average of about $5,100 per cardholder. Baby boomers had an average exceeding $6,000 each, while Gen Xers (age 40 to 55) average upwards of $7,000.
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• Where does the U.S. Government spend some of the budget? A few years back, it gave an 2534 17th Ave. S. Grand Forks $856,000 grant to scientists to study how 218-779-5458 three captive mountain lions would perform dkent@nodakins.net on a treadmill. It took eight months before the animals were even “comfortable on the treadmill,” followed by more research to determine ay hello to Liberty and we’ll work to get the lions “do not have the aerobic thatyou mountain capacity biggest refund possible as fast as possible. for sustained high-energy activity.”
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