I’m always looking for a profound way to represent how much one trillion dollars really is, given that it’s over-usage in the last 2-3 years has made it seem like an ordinary sum of money. Well thanks to Jason Chaffetz I now have a new profound way of representing it. And it’s not complicated at all.

Watch:

When I first heard that, it was a ‘wow’ moment for me. It’s unfortunate that this is the kind of spending we’ve grown accustomed to and there is really no need for it. To think we are in debt up to 14 trillion dollars is monumental and that’s understating it.

2012 can’t get here fast enough.




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15 comments
Charleigh
Charleigh

If you want a profound way to figure out how much 14trillion dollars is. Stack 1.00 bills on top of each other you will have 2 round trips and 1 /2 return trip to the moon.

Follow tghis calculation.

paper money .005 thick

2400 dollars per foot of money

12,672,000 per mile of money.

3,160,000,000 = 250,000 miles of money now devide 14.trillion dollars and that equals

4.4 tripas to the moon

Patzermom
Patzermom

Spend $1 million/day it would take almost THREE THOUSAND YEARS to get to $1 trillion.

destroyer of moonbats
destroyer of moonbats

we have failed as a society. the man made the most sense all year and the other folks around him go on like nothing.

mvale
mvale

Think about this, we are borrowing money that we will never be able to pay back.

JW
JW

So true!!!

The republican's need to come out and explain in layman's terms the instability of this country and what we all need to do to cut debt of this country. I don't think the majority of Americans would penalize them for saying the truth and sticking to the truth.

Granted cutting $4B here, $6B there is helping, but when compared to the trillions of dollars, it's really nothing.

Zaza69
Zaza69

The govt hates competition!

Jimbo
Jimbo

The money this country has spent and will spend and wastes is simply a crime beyond comprehension. 535 idiots who know nothing about economics.

no_treble
no_treble

That is amazing, and does a better job of driving home how much money that is than most other analogies I've heard. Although he did say "almost 3000" which turns out to be about 2740 years by my calculations.

1MM per day x 1yr = 365,000,000

365,000,000 x 2739.7261 years = 1,000,000,026,500

So to reach the 3.5 Trillion Obama has further sunk us into, it will take spending 1 million dollars a day for 9589.04135 years.

To reach the 14 trillion, 244 billion, 133 million plus that we currently owe according to www.usdebtclock.org (with 1.7 trillion of that being owed to Communist China: http://www.washingtontimes.com/news/2010/mar/02/chinas-debt-to-us-treasury-more-than-indicated/), it would only take a million dollars a day for 39,025 years.

How uplifting...

Brenda Morton
Brenda Morton

At one million USD per day, that's "only" $62,500 per hour (with 8 hours a day for rest). I don't make that much money in an entire year.

Ira Thurby-Wright
Ira Thurby-Wright

"that's "only" $62,500 per hour (with 8 hours a day for rest). I don't make that much money in an entire year!

Well, you had better hope for a pay raise or look for a higher paying job, because that's how much a loaf of bread is going to cost in this Zimbabwian economy.

Brenda Morton
Brenda Morton

At one million USD per day, that's "only" $62,500 per hour (with 8 hours a day for rest). I don't make that much money in an entire year.

KeninMontana
KeninMontana

I would like to propose a new treatment organization one that is administered and staffed by taxpayers. It will be known as Spenders Anonymous and will incorporate Dave Ramsey's Financial Peace University program. It shall be required of all those seeking political office, if they cannot complete and pass it,they are ineligible to come anywhere near the people's money.

GWB
GWB

I like this guy and what he is saying. Im getting sick and tired of hearing republicans talking about cutting spending. Why are we always saying the right things but hardly ever doing them?