Putting $17 TRILLION into perspective...... (unemployment, borders, military, dollars)

[alphamale]

If you started spending $900,000 an hour 2,000 years ago, you still wouldn't have spent $17 TRILLION.

That's $17,000,000,000,000

But we don't have a spending problem, do we?

[thecoalman]

What does one TRILLION dollars look like?


Here's a pallet with 100 million on it for perspective, $100 dollar bills



1 trillion dollars.

[Winter_Sucks]

The USA's national debt is about $17 trillion and our GDP this year is about $17 trillion, so to put it into a family context you could say that a family makes about $80,000 per year total and owes about $80,000 left on their mortgage.

[thecoalman]

Originally Posted by Winter_Sucks

, so to put it into a family context you could say that a family makes about $80,000 per year total and owes about $80,000 left on their mortgage.

It's more like 80K on the credit cards and 1 million on the mortgage (unfunded liabilities) that their children will be responsible for becsue they keep piling on more debt each year.

[Winter_Sucks]

Originally Posted by thecoalman

It's more like 80K on the credit cards and 1 million on the mortgage (unfunded liabilities) that their children will be responsible for and they keep taking on more debt each year.

Not exactly. Most of the folks screaming about unfunded liabilities take all future spending and worry about it right now. We do have a debt problem, but it is a mixture of spending too much and taxing too little.

[AeroGuyDC]

Originally Posted by Winter_Sucks

Not exactly. Most of the folks screaming about unfunded liabilities take all future spending and worry about it right now. We do have a debt problem, but it is a mixture of spending too much and taxing too little.

Taxing too little? Care to explain?

[thecoalman]

Originally Posted by Winter_Sucks

Not exactly. Most of the folks screaming about unfunded liabilities take all future spending and worry about it right now.

Trying to compare the debt to a mortgage doesn't work. When you're done paying a mortgage you own a home that has value and can be sold, if we pay the debt off we don't own anything.

[Winter_Sucks]

Originally Posted by AeroGuyDC

Taxing too little? Care to explain?

U.S. tax burden at lowest level since '58 - USATODAY.com

[Frank DeForrest]

Yeah you see the problem is the fedguv doesn't steal enough from us workin folk.

[Memphis1979]

D. E. F. E. N. S. E.

Every dollar, or almost every dollar of food stamps, welfare, unemployment, social security, and medicare at least stay in tge borders, and therefore in the economy of these united states.

Now, us military bases in germany, italy, korea, japan, and all of the other bases we have internationally, all give money to those countries, and it allows them to spend money on their people, while being under us protection, THAT WE PAY FOR.

We have got to cut defese spending, dramatically