$7000 per year for every man woman and child

$7000 per year for every man woman and child in the United States. That is what it will take just to service the debt, never mind pay down the principle.

First we will cut Social Programs. Retirees, left in the streets after their pension funds were lost on Wall St. and their home values plummeted as regulators forced lower and lower “short sale home vales”.

Then essential Government Services will be cut or charged to the citizenry on a piece work basis. Of course National Defense will be long gone and Creditor Nations will be anxiously waiting at the gate. Soon decisions will have to be made and “The Corrupt Ruling Elite” will offer up the very citizenry they once presided over

Kinda stifling isn't it

7,000 times 300,000,000 seems to be 2.1 trillion. (300 billion times 7)

Assuming 5%, that would be the annual interest on an outstanding debt of 42 trillion dollars.

I don't know what 42 trillion dollars you're describing.

Maybe my math is wrong.

Where did you get the "per year" from?

The range I've heard is $3000-$7000 total, with the change generally being whether you count all people or just taxpayers.

Unless you've got a link, I have to call BS on this and tell you to stop adding rumor to fact (or rather to double-check a rumor before passing it around).