Putting the national debt in perspective

10 Mar 2011 21:09 #1 by conifermtman
Lets say you are going to spend roughly a million dollars and you are going to do it by spending one dollar per second until you roughly spent a million dollars. How long would that take you?
Keeping the math simple
60 seconds * 60 Minutes * 24 hours * 12 days = $1,036,800
Answer: About 12 Days

Lets say you are going to spend roughly a trillion dollars and you are going to do it by spending one dollar per second until you roughly spent a trillion dollars. How long would that take you?
Keeping the math simple
60 seconds * 60 Minutes * 24 hours * 365 days * 32,000 years = $1,009,152,000,000
Answer: About 32,000 years

Now lets say you are going to pay down the national debt at the rate of $1 per second how long would that take.
Our national debt is around 14 trillion dollars
60 seconds * 60 Minutes * 24 hours * 365 days * 448,000 years = $14,128,128,000,000
Answer: About 448,000 years

Just remember for every dollar spent, 40 cents of that dollar is borrowed from creditors like the Chinese.

Please Log in or Create an account to join the conversation.

10 Mar 2011 21:51 #2 by Blazer Bob
That is why the current budget debate is such a joke. Lets save the poet cowboy my rosie red a**. No matter what the # ends up being, it is barely a rounding error.

It will be interesting to see what the r's propose for the next fy.

Please Log in or Create an account to join the conversation.

10 Mar 2011 21:55 #3 by conifermtman
Time to start slashing the budget.

Please Log in or Create an account to join the conversation.

11 Mar 2011 23:58 #4 by Opus007
And you have to love their solutions. The biggest problem with Social Security is disability. Schools ? To much administration. Government ? To many political jobs. Don't get me started.

Please Log in or Create an account to join the conversation.

12 Mar 2011 13:59 #5 by Nmysys
Go ahead OPUS get started. That's what this forum is for.

Please Log in or Create an account to join the conversation.

12 Mar 2011 23:20 #6 by Residenttroll returns
Let's cut NASA....we are basically supporting a program for high wage government contractors sending spacecraft to nowhere.

Please Log in or Create an account to join the conversation.

13 Mar 2011 19:56 #7 by Obam me
Replied by Obam me on topic Putting the national debt in perspective
[youtube:a16rxt24]
[/youtube:a16rxt24]

Please Log in or Create an account to join the conversation.

13 Mar 2011 20:36 #8 by Residenttroll returns
Obama has more pennies than Billy Carter has beers.

Please Log in or Create an account to join the conversation.

Time to create page: 0.164 seconds
Powered by Kunena Forum
sponsors
© My Mountain Town (new)
Google+