More on the US Debt

Here's some other ways of putting this into perspective.

From CNS:

In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.

Read the article. Its a pretty good explanation of our debt.
ABC News explains more... even though it contains our president explaining away how he's trying to cut our debt.

Over the past year alone, the amount the U.S. government owes its lenders has grown to more than half the country's entire economic output, or gross domestic product.

Even more alarming, experts say, is that those figures will climb to an unprecedented 200 percent of GDP by 2038 without a dramatic shift in course.

You don't need to wait until 2038 to panic.
In the meantime, the poverty rate is rising? AP calls the timing 'unfortunate' for the administration:

The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.