Perspective on the Amount of Money that Our Children and Grandchildren will have to Repay

in the early morning on Thursday, the 5th of February 2009 by Katie

No, this isn’t going to cover the ridiculous items that they will waste our money on.

Just the magnitude of the number.
“To provide some perspective on just how big a trillion dollars is, think about it like this”:

  • One trillion $1 bills stacked one on top of the other would reach nearly 68,000 miles (about 109,400 kilometers) into the sky, or about a third of the way from the Earth to the moon.
  • “To put a trillion dollars in context, if you spend a million dollars every day since Jesus was born, you still wouldn’t have spent a trillion,” Mitch McConnell said.
  • A million seconds is about 11½ days. A billion seconds is about 32 years, and a trillion seconds is 32,000 years
  • The [Environmental Protection Agency's], for example, annual budget is about $7.5 billion. So, a trillion dollars would fund the EPA in present dollars for 130 years — more than a century. Or the National Science Foundation or National Cancer Institute have budgets of $5 [billion] or $6 billion. You could fund those for almost 200 years

“Last week, the House passed an $819 billion emergency stimulus, and the Senate version is approaching $900 billion. In the end, whatever lawmakers hash out probably won’t reach $1 trillion. But consider this: If all of the financial market interventions, loans, guarantees, bailouts and rescues total more than $7 trillion.”

Which begs the question:  Do we really need to spend money on all of the pet projects of these politicians?  These politicians remind me of the (food) orgies from the Roman times – they glut themselves so much, that they have to excuse themselves to go vomit, and then they lay down on that eating couch again, and start shoveling it in, all over again.

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2 Responses to “Perspective on the Amount of Money that Our Children and Grandchildren will have to Repay”

  1. Dax Montana Says:

    How much would a Trillion dollars weigh?

    Just Damn!

  2. Katie Says:

    Weight of one trillion one dollar bills = 1.1 million tons.

    Gulp.

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I guess the moral here is: you must be careful what you pretend to be because in the end you are who you're pretending to be.

-- Howard Campbell, Mother Night

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