Here’s an historic occasion we could have done without: The total US national debt has surpassed $13 trillion, meaning each citizen owes $42,027 just to pay down the federal government’s debt. Or, if you only count taxpayers, that’s $117,985 per person.

Other Craptastic Figures:

• Our national debt-to-GDP ratio is 90.3% and counting.
• We owe $1.9 trillion in interest alone.
• The total US debt is well-over $55 trillion.
• There are $108 trillion in unfunded liabilities. And counting.
• There are more than 40 million food stamp recipients.
• There have been 1,416,070 bankruptcies in 2010.
• 26,850,187 are actually unemployed.
• There are 4,258,102 federal employees.
• There are 16,623,265 state and local employees.
• Our trade deficit is well-over $211 billion per year.
• Total national assets amount to $72 trillion, compared to $108 trillion in unfunded liabilities.

In short, we’re on a path towards fiscal disaster. We’re well on our way there already. If we held a yard sale and sold off at market value everything every American and his or her government own, we’d still lack the funding to cover our unfunded liabilities. We’d be short about $36 trillion.