The government is pushing behemoth programs: trillions for socialized healthcare, trillions for cap and trade, trillions in energy taxes, and the list goes on.
Most people have no concept of how much a million, a billion, or a trillion is. If you had started spending a million dollars a day when Jesus was born, you still wouldn't have spent a trillion dollars. A trillion seconds ago was 31,688 years ago--I don't know what the world was like then. A stack of a trillion bills would reach 68,000 miles into space--one third of the way to the moon.
See a visual representation of what $1 trillion looks like, or read fun facts, or see a video about these large numbers.
The U.S. Treasury spends a million dollars every 5 seconds. A billion dollars ago was late yesterday afternoon at the Treasury. We spent another $700 billion in the bank rescue and another $800 billion in the stimulus bill. The national debt is at $10 trillion. (Look again at the visual representation I mentioned above of what $1 trillion looks like--now think of 10 times that!)
Saturday, May 30, 2009
How Much Are We Spending?
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