Thursday, May 07, 2009

A TRILLION HERE - A TRILLION THERE

We keep hearing all about the enormous amounts of money our government is wanting to spend to help us all out of this "bad economy." Just wonder how many of us take time to think about what these numbers really mean.

Just imagine if someone came to you and said you could spend ONE THOUSAND DOLLARS per second. Can any of us really comprehend how much that really is?

  • $60,000 per minute
  • $3,600,000 per hour
  • $86,400,000 per day
  • $604,800,000 per week
  • $31,536,000 per year


Now of course I am sure many of us would like to try and even spend at that rate. Yet, I suspect all of us fully recognize that it would be impossible.


Ok now just think about how long it would take you to spend a TRILLION DOLLARS at the above rate.


The answer is 31 years 8 months 6 days

Did I say impossible. Well, I stand corrected. our government spends that same amount every day.

And our president wants to now spend twice that amount every day!

Hmm, I guess the words long attributed to Everett Dirksen, another Illinois Senator are worth remembering. [I say attributed because according to the Dirksen Center, there is no evidence he actually said]

"A billion here, a billion there, and pretty soon you're talking about real money!

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