Posted on 10 November 2008. Tags: Spending, spending bill, wasteful government spending
The next time you hear a politician use the word “billion” in a casual manner, think about how you want government spending YOUR tax money.
A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of its releases.
- A billion seconds ago it was 1959.
- A billion minutes ago Jesus was alive.
- A billion hours ago our ancestors were living in the Stone Age.
- A billion days ago no-one walked on the earth on two feet.
At the rate our government is spending it, a billion dollars ago was only 8 hours and 20 minutes ago. Continue Reading
Posted in Economics, Featured, Politics
Posted on 08 October 2008. Tags: bailout, barack obama, bipartisan government, Economics, George Bush, john mccain, national debt, Politics, public debt, Ronald Reagan, wasteful government spending
I’ve been trying … to think of a way to illustrate how big a trillion is. The best that I could come up with is that if you had a stack of $1000 dollar bills in your hand only four inches high, you would be a millionaire. A trillion dollars would be a stack of $1000 dollar bills 67 miles high.
Ronald Regan said this quote in 1981 to help people visualize the size of the national debt, which was approaching $1 trillion. By comparison, the $700 billion bailout would be a stack of $1000 dollar bills 44 miles high.
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Posted in Economics, Politics
