It's really hard to put trillions of dollars into perspective. But convert each dollar into a second, and one can begin to grasp the enormity of our debt. One trillion seconds equals about 31,688 years 269 days 17 hours 34 minutes 25 seconds (leap years counted).
That's 316.9 centuries!
Now multiply that amount of time by nine, for the nine trillion dollars we owe. Assuming we taxpayers pay down the national debt at a rate of one dollar per second (with no additional borrowing), it will take 2,852 centuries to repay the debt in full (and that's not counting all the interest that will accrue along the way).
I think we should put Dave Ramsey in the White House, and clones of Dave Ramsey in both chambers of Congress.
2 comments:
It's a little bit like outer space. Too large for me to grasp.
I think Bing could balance anyone's checkbook. She holds on to those dimes and pennies pretty hard. And it is the dimes and pennies that end up killing you in the long run.
Me? I am more a getting by on the seat of my pants sort of person.
And yes, this has caused some tension.
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