June 26, 201511 yr With all the political stuff that gets talked about here, the national debt gets very little attention IMO. The way Washington throws money around...a billion here and a billion there, people are immune to actually how much money we are going into debt. I think the national debt is a huge problem and totally under reported because since Obama is president, he gets a pass by the media. Keep in mind when he was running for president the first time he called Bush's debt escalation totally irresponsible...and Obama's national debt is on steroids when compared to Bush and will be as much as all previous presidents combined. I thought I would try to put into perspective how much debt the US is in. Keep in mind when Obama leaves the presidency, the country will be about $20 trillion in debt...it is actually much higher than that but let's just go with that number. So here are the questions. I guaranty the answers will shock you unless you have heard them before: (1) Approximately what year was it 20 trillion SECONDS ago? (2) If the government put $1 million per DAY towards the $20 trillion debt, how long would it take to pay it off (to make it easy, just principal and no interest for the calculation)?
June 26, 201511 yr (2) If the government put $1 million per DAY towards the $20 trillion debt, how long would it take to pay it off (to make it easy, just principal and no interest for the calculation)? 54,757 years
June 26, 201511 yr (1) Approximately what year was it 20 trillion SECONDS ago? That would have been 633,762 (rounded) years ago.
June 26, 201511 yr Close enough! Think about that...scary... I used 365.25 days in each year to account for leap year.
June 26, 201511 yr What is even more scary is that the federal goverment is going $500 million more in debt each day.
June 26, 201511 yr Author That would have been 633,762 (rounded) years ago. Again, correct. Think about that. 20 trillion seconds ago was 633,700 BC!!!!
June 26, 201511 yr Author If those numbers aren't sobering, I don't know what is. When Obama gets out, the national debt will be about $265,000 per family (assume family of 4)...
June 26, 201511 yr If those numbers aren't sobering, I don't know what is. When Obama gets out, the national debt will be about $265,000 per family (assume family of 4)... This is why the US is not mentioned in the Bible during the End of Days. It is my belief that we will be taken over by China or Russia before The Rapture occurs.
June 26, 201511 yr Only R's should answer , D's don't care what a trillion is .. it's just a number , meaning nothing .
June 26, 201511 yr Check this out!!!! :scared: U.S. National Debt Clock : Real Time US Debt Ceiling Visualized: Stacked in $100 dollar bills @ $16.394 Trillion Dollars
June 26, 201511 yr Only R's should answer , D's don't care what a trillion is .. it's just a number , meaning nothing . As long as I have a job and a steady paycheck then no.....no I don't care what a trillion is until I have a trillion in my bank account.
June 26, 201511 yr PP , I like you but that line of thinking is what leads nations into despair . I hope you are just poking at us conservative thinkers who know that dept matters . And that trillion wouldnt make you a dang bit happier .
June 26, 201511 yr PP , I like you but that line of thinking is what leads nations into despair . I hope you are just poking at us conservative thinkers who know that dept matters . And that trillion wouldnt make you a dang bit happier . I'd move to the Caribbean so fast. :lol2: I'm horrible at economics and I don't think there is anything we can do about the debt. I just collect my money and take care of my family the best way I can. I can't control the debt so I am not going to sweat it at all.
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