OSO's debt watch

Public Debt on 2008-12-30 was $6.32 Trillion


US GDP in 2008 Q3 was $14.41 Trillion


Debt/GDP Ratio: 43.86%
( [Debt ÷ GDP] x 100 )


Public Debt/Person: $20,664.55
(Public Debt ÷US Population)

2008-12-30|$6.32Tr|43.86%|$20,664.55
2008-12-17|$6.42Tr|44.52%|$20,978.60
2008-12-10|$6.41Tr|44.45%|$20,952.05
2008-12-03|$6.43Tr|44.62%|$21,030.96
2008-11-26|$6.40Tr|44.38%|$20,936.85
2008-11-19|$6.36Tr|44.07%|$20,820.19
2008-11-12|$6.36Tr|44.07%|$20,821.75
2008-11-05|$6.30Tr|43.68%|$20,632.59
2008-10-29|$6.25Tr|43.73%|$20,459.01
2008-10-22|$6.19Tr|43.32%|$20,264.04

Sources:
Public debt is $6,322,765,588,713.41 Source
Latest GDP is $14,412.8 billion Source
Population in November 2008 is 305,971,664. Source (Resident population plus armed forces overseas).

Notes:

• Given the massive bailout, it seems possible that the increased debt figures are not being reported, leading to lower levels of Public Debt. This is simply an accounting issue and makes the whole purpose of reporting public debt more opaque.
• The only other explanation I can think of for this lowering of public debt is that these figures are not seasonally adjusted, meaning that this is one period of the year when tax revenues increase and help pay off debt. This means, of course, that it is only a matter of time before public debt levels rise again.