Dollars and Sense

[bubbadebubba]

What's a trillion dollars?

A trillion dollars = $1,000,000,000,000.

That's 12 zeroes to the left of the decimal point. A trillion is a million million dollars.

The U.S. government spends more than the entire Gross Domestic Product (GDP) of Australia, China and Spain combined. If you laid one dollar bills end to end, you could make a chain that stretches from earth to the moon and back again 200 times before you ran out of dollar bills! One trillion dollars would stretch nearly from the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.

What is frightening is that government will continue to grow in America unless citizens prevent it. If government stays on the course it's been on for the past forty years without a radical change, the federal government will have a $10 TRILLION BUDGET by the year 2010.

Foolish politicians make pronouncements about the strength of the economy. The total debt obligation of the United States now exceeds 9 TRILLION DOLLARS.

American workers now net almost 30 percent less in real wages than they did in 1973. After taxes, two paychecks in a family barely equal the purchasing power one had thirty years ago.

[bubbadebubba]

and $1 is gone in a flash, so what's in your wallet? says the commercial.

[bubbadebubba]

And the Federal Reserve keeps printing out the paper we call dollars like some of the South American countries have been doing for years and the people there are all poor except for the few who caused their problems.

[bubbadebubba]

Let's count to a billion. But first, let's see how long that will take. I can count pretty fast for a while. I mumble a little, like "sev-sen" for "seventy-seven." After a while (in the 100,000's), it takes me a lot longer than a second for each number. If it takes me a second for each number (which is a little unrealistic), then it would take me about 24 hours to count to 86,400. I can count to a million in less than half a month. It will take me more than 30 years to count to an American billion, and more than 30,000 years to count to a British billion.

[bubbadebubba]

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 24 Feb 2008 at 12:38:36 PM GMT is:
$ 9 , 3 1 9 , 6 6 5 , 1 5 7 , 7 8 4 . 2 0, that's trillions!!

The estimated population of the United States is 304,446,260
so each citizen's share of this debt is $30,611.86.

The National Debt has continued to increase an average of
$1.58 billion per day since September 29, 2006!
Concerned? Then tell Congress and the White House!

[sometimeman]

You are posting to "empty spaces" Bubba. Kinda lack talking to the furniture!

Hey couch, did you know we're broke?
Say sofa, the economic collasph has arrived.
There is a lack of comprehension.
And there is no motivation to comprehend!

God have mercy on us.

[bubbadebubba]

Looks like you are right again sometimey.