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Perspective. One trillion dollars. How long would it take to spend a TRILLION dollars, at 1 MILLION dollars a day? Is this a lot of money?

Roberto-Pro-America-Anti Obama 2009/02/06 22:16:29
Holy cow - yes it is..
Nope, I hope the government spends more...
Give me a break...
Dunno...
You!
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Answer:

It would take 1,000,000 days or about 2,740 years.

If you want to spend it in your life time you would have to spend at least 20 billion per day. Even then it would take you 50 years to spend it.
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  • Vote4ChrisBowen 2013/09/26 21:45:53
    Holy cow - yes it is..
    Vote4ChrisBowen
    So at 17 trillion, that is just under 50,000 years.

    And to the person blaming Bush, this problem is much deeper, sinister, and goes back much further. Try 1913 with the implementation of the Federal Reserve Bank.
  • Joeseph 2012/08/28 20:15:03
    Give me a break...
    Joeseph
    If a 'business person' was immortal and began to lose $1,000,000.00 (one million dollars) per day since the day Jesus Christ was born in Bethlehem, Judea, over 2,000 years ago, and this person lost $1 million dollars every day (counting 'leap years'),..as of August 29, 2012, that person would NOT have lost their 1st Trillion dollars! It would take until August 2037 before the first trillion dollars was lost! THIS IS "SAD FOR THE FUTURE GENERATIONS" OF AMERICANS, BECAUSE THEY [THEIR COUNRTY, AND THEIR POSTERITY] HAVE BEEN SOLD-OUT 'FOREVER', NEVER TO BE PAID BACK. This is ALL BECAUSE of the "BUSH-PAULSON-OBAMA" SPENDING AND BORROWING 'BENGES' OVER THE LAST TWELVE YEARS OF AMERICAN PRESIDENTIAL [IRRESPONSIBLE LEADERSHIP, INCLUDING] SPENDING AND BORROWING THIS NATION INTO 'OBLIVIAN'!!!
    NOT ONLY IS THIS IMMORAL [WHAT THESE MEN HAVE DONE, TO FUTURE AMERICAN CITIZENS], THEY SHOULD BE TRIED BEFORE AN INTERNATIONAL COURT FOR 'FRAUD AGAINST FUTURE AMERICANS',.. FOUND GUILTY,.. AND THROWN IN PRISON FOR THE REMAINDER OF THEIR LIVES!!!!!!!!!!!
  • Skipparauche 2009/06/12 17:09:40
  • wow-really 2009/02/20 20:43:03
    Give me a break...
    wow-really
    +1
    Is that a lot of money???

    Does a bear shit in the woods?

    Is a frog's ass water tight?

    Is hugh Hefner one the smartest, richest, still-getting-laid-at- 80-, magazine publisher ever??

    Darn Tootin!!!!
    And hell yes, That's a lot of money
    That's more money than they know what to do with .....
    millions, billions, trillions, whose counting anyway??????
  • Gun665 2009/02/15 19:48:24
  • jellyfish 2009/02/15 17:10:19
    Holy cow - yes it is..
    jellyfish
    +1
    Well, it's a lot easier to spend someone else's money... If it was coming out of BO's or Nancy Pelosi's pocket, guaranteed, things would be changing.
  • Roberto... jellyfish 2009/02/15 19:45:37
    Roberto-Pro-America-Anti Obama
    Actually it's putting money INTO their pockets.
  • jellyfish Roberto... 2009/02/19 16:32:15
    jellyfish
    +1
    Well true. I was just saying if they had to come up with billions of their own money, they might have a different opinion.
  • Roberto... jellyfish 2009/02/19 23:16:15
    Roberto-Pro-America-Anti Obama
    Gotcha.
  • snell/GOD & COUNTRY-zero cl... 2009/02/12 04:55:57 (edited)
    Give me a break...
    snell/GOD & COUNTRY-zero cliques
    +1
    There are fewer leaves on 20 mil great old oaks than my handy 'scientific' calculator has memory to calculate - it's smokin right now just thinkin about how to spend 20 billion a day! i can't even spell a bilion much less spend it.
  • Roberto... snell/G... 2009/02/19 23:16:54
    Roberto-Pro-America-Anti Obama
    LOL
  • Cesare B. 2009/02/10 03:51:55 (edited)
    Give me a break...
    Cesare B.
    +1
    Yes, definitely!
  • Cookinfool 2009/02/09 18:38:32
    Holy cow - yes it is..
    Cookinfool
    +1
    Staggering!
  • Bob 2009/02/09 18:07:34
    Holy cow - yes it is..
    Bob
    +1
    At a mere 217,000 per job that the "Jobs" bill spends hey wait if every american were given 20000 dollars and tax free to spend would that be enough. I think that if given that much a lot of credit cards or auto loans could be paid off. This would ease the credit market a tiny bit. LOL this would make to much sense.
    Give the taxes back to every one paying them instead of taking them this year.
    now that would be a Tax return that I would like. I predict before the Years of change are over we will need a trillion dollar bill for the inflation, better get printing early FED.
  • Sammy the Hatchet 2009/02/09 05:12:02
    Holy cow - yes it is..
    Sammy the Hatchet
    +1
    Especially when we don't have it..........
  • concerned 2009/02/09 02:52:54
    Nope, I hope the government spends more...
    concerned
    +1
    i am not worried about the trillion Obama spends ..but I was worried about the 10 trillion bush spent and it done no good because the rocks on washington ..wasn't counting funds then are worrie about their grandchildern ..but all of a sudden it becomes important..oh how funny those repubulicans are ....they spend up 10 trillion and nobody has nothing to say ..but now it's 827b and it becomes a problem for our grandchildern ....what the 10 trillion isn't a problem
  • Roberto... concerned 2009/02/09 03:14:47
    Roberto-Pro-America-Anti Obama
    +1
    10 trillion? Explain please.
  • concerned Roberto... 2009/02/09 03:17:50
    concerned
    +1
    we a;ready have a 10 trillion dollar debit that we owe out ..to other countries ...remeber bush just went an borrowed money from china ..and we already owed china money ....bush borrowed money for that war in iraq ....bush just kept on borrowing money and ran the debit up to 10 trillion dollars and now the repubulicnas what to get worried about 1 trillion ..they sound silly to me
  • Roberto... concerned 2009/02/09 03:19:37
    Roberto-Pro-America-Anti Obama
    +1
    You need to do some reading.
  • concerned Roberto... 2009/02/10 04:50:17
    concerned
    oh there is no doubt in my mind and others that bush left a 10 trillion dolaar debit ...so maybe you need to read some more
  • progres... concerned 2010/03/13 13:59:47
    progressivevictim
    +4
    It might be a good idea to spend some of those billion or trillions to buy you a spellchecker
  • concerned progres... 2010/03/16 21:26:13
    concerned
    hurry up .. that vote up or down will do the trick .. LOL
  • Geohead 2009/02/08 01:27:28
    Holy cow - yes it is..
    Geohead
    +5
    Let’s examine how big a trillion really is.


    Quiz:


    Question: Do you think the average American, given all the advancements in modern medicine, will live for 1 trillion seconds?


    Answer: There are 60 seconds in a minute. There are 60 minutes in an hour. There are 24 hours in a day. For our purposes, there are 365 days in a year. So, the number of seconds in a year is:

    60 seconds per minute x 60 minutes per hour x 24 hours per day x 365 days per year = 31,635,000 seconds per year.

    That is translated into 31 million, 635 thousand seconds in a year

    1 trillion is a one followed by 12 zeroes, 1,000,000,000,000

    So the number of years in 1 trillion seconds is the number of seconds in 1 trillion divided by the number of seconds in one year:

    1,000,000,000,000/31,635,000

    The result is 31,611 (rounded up) years.


    Let’s state that a little clearer, 1 trillion seconds is equivalent to 31,611 years. So the answer is NO, modern medicine can NOT extend the average life of an American to 31 Thousand 6 Hundred and 11 Years.


    Now, let’s explore trillions in relation to the way our government sp...
































































    Let’s examine how big a trillion really is.


    Quiz:


    Question: Do you think the average American, given all the advancements in modern medicine, will live for 1 trillion seconds?


    Answer: There are 60 seconds in a minute. There are 60 minutes in an hour. There are 24 hours in a day. For our purposes, there are 365 days in a year. So, the number of seconds in a year is:

    60 seconds per minute x 60 minutes per hour x 24 hours per day x 365 days per year = 31,635,000 seconds per year.

    That is translated into 31 million, 635 thousand seconds in a year

    1 trillion is a one followed by 12 zeroes, 1,000,000,000,000

    So the number of years in 1 trillion seconds is the number of seconds in 1 trillion divided by the number of seconds in one year:

    1,000,000,000,000/31,635,000

    The result is 31,611 (rounded up) years.


    Let’s state that a little clearer, 1 trillion seconds is equivalent to 31,611 years. So the answer is NO, modern medicine can NOT extend the average life of an American to 31 Thousand 6 Hundred and 11 Years.


    Now, let’s explore trillions in relation to the way our government spends our money.


    The latest figures (www.wsj.com) indicate that in the last five years, the Bush administration let the deficit grow from 1.2 trillion to 3.5 trillion dollars. More than double.


    It is unclear, at this point, whether or not that includes the 350 billion dollars already spent to stimulate the economy. The second 350 billion has not been released by Congress because of continued sluggishness in the economy after the first 350 billion infusion. Thank God Almighty that Barney Frank and the boys are mandating accountability for all this additional spending. Of course, we don’t want to talk about his involvement in the sub-prime debacle.


    On top of that, the Democrats and the Obama administration want to add another 2+ trillion to that deficit within the next two years.


    So, that will bring the National deficit to over 5 trillion dollars.


    Now, let’s examine how long it will take to pay that back. One trillion seconds is equivalent to 31,611 years. So, if my math is correct, if we start paying back that debt at the rate of 1 dollar per second, it would take over 158,000 years to pay off the deficit.


    Considering, Homo sapiens have only been around for 30,000 years, it will take more than 5 times the amount of time we have been in existence just to break even. Doesn’t that give you pause that this spending program just will not work?


    Let’s up the contribution to $1,000 per second. How many years will it take to pay off the deficit?


    31,635,000 seconds per year x $1,000 per second = $31,635,000,000 per year

    This translates to a repayment schedule of 31 Billion, 635 million dollar per year. So how many years will it take to pay off a 5 trillion dollar deficit?


    5,000,000,000,000/31,635,000,000 = 159+ years just to pay off the deficit at a rate of $1,000 per second. Now that doesn’t include the interest expense for borrowing the money.


    Interest expense? How can that be? The government doesn’t have to pay interest on its own money.


    Au contraire, mes amis. (gosh, did I just say more than merci beaucoup?)


    Maybe that high school French did some good after all. Of course, we only took French and Latin after we had 10 years of English. Maybe we should look at some of the old curricula, they seem to work. No, of course not. How ridiculous. That was an era that students were expected to perform and if they didn’t, they failed. It is a shame how much we learned under those conditions versus how little the students learn under today’s standards of performance. Thank God for the Teachers’ Union. We can not measure how much they have contributed to the advancement of education in this country. I digress, so back to the point.


    Just for fun, let’s see what the affect of interest would be:


    Let’s assume the government can borrow the money at an annual interest rate of 2 percent (.02). This would result in an annual interest expense of:


    $1,000,000,000,000 x .02 = $20,000,000,000 per year simple interest

    [For those graduates of our federal education system, that is 20 Billion Dollars.]


    $20,000,000,000 per year interest / 31,635,000 seconds in a year = $632.11 per second interest (rounded)


    That means that the cost of money at 2% per year interest is $632.11 per second. If we are paying back (from the previous example) at the rate of $1,000.00, then the portion that is actually applied to principle is ($1,000.00 - $632.11) $367.89 per second.


    Recalculating the payoff when considering a cost of money of 2% per annum, simple interest, the result is:

    31,635,000 seconds per year x $367.89 = $11,638,200,150.00 per year principle pay down

    $5,000,000,000,000 total deficit / $11,638,200,150.00 per year = 429.62 years (rounded)


    The cold hard facts are that the government has no money. Every dollar the government spends is borrowed. Some of you will argue that the taxes we pay are not borrowed funds. You are absolutely correct. They are confiscated funds. If you don’t believe they are confiscated, don’t pay your taxes and see how quickly you are put in jail and your personal property is sold to pay your tax levies. Of course, the government is not concerned with your family responsibilities. They are left to fend for themselves. Not to worry, they can go on welfare, which is only fair since the government took all of your hard earned assets.
    (more)
  • Roberto... Geohead 2009/02/08 01:33:13
    Roberto-Pro-America-Anti Obama
    Great post Geohead.
  • Geohead Roberto... 2009/02/08 01:36:10
    Geohead
    +1
    Thanks, now if we can just get people to read it and realize what we are in for........
  • Roberto... Geohead 2009/02/08 02:08:42
    Roberto-Pro-America-Anti Obama
    That's the hard part.
  • marquise 2009/02/07 23:19:19
    Dunno...
    marquise
    +1
    Lolz....you are underestimating me, Roberto...

    dunno lolz underestimating roberto
  • Roberto... marquise 2009/02/07 23:41:43
    Roberto-Pro-America-Anti Obama
    +1
    Remember, we're sharing.
  • marquise Roberto... 2009/02/08 03:39:39
    marquise
    +1
    A deal is a deal ;)
  • Roberto... marquise 2009/02/08 03:53:20
  • krafty 2009/02/07 23:13:34
    Give me a break...
    krafty
    +2
    Depends on who is spending it. Obama, Palosi and Reid will spend it in one stroke of a pen. Spend OUR MONEY WITH ONE STROKE OF A PEN. AND MORE TO FOLLOW.
  • Roberto... krafty 2009/02/07 23:17:49
    Roberto-Pro-America-Anti Obama
    +1
    There will be more. You can count on it.
  • Doc C 2009/02/07 22:08:15
    Holy cow - yes it is..
    Doc C
    +2
    Unbelievable ! But to politicians, it's easy come, easy spend!
  • Roberto... Doc C 2009/02/07 22:30:26
    Roberto-Pro-America-Anti Obama
    +3
    They speak the word trillion like it's chump change. It's amazing.
  • krafty Doc C 2009/02/07 23:15:35
    krafty
    +2
    Oh yes, because they are spending our money. They don't even pay taxes so what do they care.
  • Rye-Rye 2009/02/07 21:11:01
    Holy cow - yes it is..
    Rye-Rye
    +2
    Yes it is..and at our current deficit, it will take 2million, count it, 2 million YEARS to pay it off.
  • Roberto... Rye-Rye 2009/02/07 21:12:44
    Roberto-Pro-America-Anti Obama
    Wow.
  • krafty Rye-Rye 2009/02/07 23:16:25
    krafty
    +1
    AND COUNTING!!!!!
  • balance 2009/02/07 20:02:49
    Holy cow - yes it is..
    balance
    +1
    Fortunately there are a lot of people out there that would be willing to take on the burden of such a task...tell you what,
    holy cow fortunately people burden task
    I'll help too!
  • chrislainie 2009/02/07 19:55:31 (edited)
    Holy cow - yes it is..
    chrislainie
    +2
    What a waste of tax payers dollars. Well, I guess its not really tax payers dollars since they are just going to print the money causing inflation to skyrocket.

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