
I saw an interview with this smart guy, and he gave this analogy regarding the national debt, which, by the way, is $12,764.878,911,618.18. (www.treasurydirect.gov). With all the media coverage, a trillion is the "new" million. People don't appreciate how much a trillion is. Think of it this way....a MILLION seconds would take about 12 days to elapse. A TRILLION seconds would take 31,000 YEARS to elapse! AND, we are accruing $500 million a DAY in interest on our $12 TRILLION debt. The Obama administration plans on increasing the debt $1.5 TRILLION A YEAR FOR THE NEXT 10 YEARS. How much longer do you think America can continue? We're all ready broke....it's going to be time to pay the piper, and there's no money in the kitty...We're screwed.
No comments:
Post a Comment