Archive for November 15th, 2012

Eventually It Adds Up To Some Real Money

Thursday, November 15th, 2012

$1,000,000 Million
$1,000,000,000 Billion
$1,000,000,000,000 Trillion

There’s a lot of talk these days about government spending, borrowing, and the national debt. Who’s going to pay it?  Would you lend our government money?  We do better than that – we give it to them. At least we give them your kids’ and grandkids’ money.

Just because they sound the same doesn’t mean the numbers are even close. Think of it this way: imagine a stack of new $100 bills. A MILLION dollars would be a stack just over 3 feet high. It could fit on your desk.

A BILLION dollars would be a stack about the height of the Empire State Building.

A TRILLION dollars in hundreds? That stack would be over 270-miles tall. Skylab was the first US space station which was launched into a 270 miles altitude orbit on May 14, 1973 as part of the Apollo program.

If a person spent $1-million a minute, it would take…….oh, who the hell cares?