Posted on 01/22/2009 11:45:31 PM PST by J. Worthington
Excuse me, Mr. Obama...but...
Traveling on business this week in California. Tonight, in my "down time" which is short and usually late and followed by hotel room-service dinners and flopping on the bed for 30 minutes from sheer exhaustion after driving from Santa Maria, to Orange County, I wiled away the minutes tonight by watching pundits on politics, news, and surfing related sites. OK, I heard something like this on the radio earlier today. It was a caller into one of those "right wing conservative" radio shows, which will be banned in the near future by the "fairness" doctrine - But: We're about to go into at least 2.5 Trillion dollars in debt...
As an aside, do you know how long it takes to count to ONE Trillion in one second increments?
Go on...guess....
Over 31,750 years, Stop. Think about that for 10 seconds....
one...two...three...four...five...six...seven...eight...nine...ten...
Only 31,749 years, 11 months, 3 weeks, 6 days and 23 hours and just over 59 minutes to go!
OK - that was yesterday's "wind down" project. Back to tonight's:
So, 2.5 Trillion dollars in debt. OK...
There are about 304,000,000 citizens of the U.S. today. Bear with me now...
If we counted EVERY US Citizen over 18 Years of age, we would come up with 229,216,000.
Yes - you too can go to the US Census Department website and find the information needed to do this math (I know...I know...how sad is it that I actually did this.
OK...so 229,216,000 "adults."
If we gave EVERYONE in this demographic $1,000,000. Yes, ONE MILLION DOLLARS. It would only add up to 2.3 TRILLION DOLLARS. Less than the 2.5 we're heading for under this administration.
If you had ONE MILLION DOLLARS tomorrow - and so did your spouse, your adult children, siblings, friends and cousins - do you think MAYBE we'd stimulate the economy?
Would we all pay off all debts and mortgages? Wouldn't that help the distressed banks and lending institutions?
Wouldn't you take a few scraps of what's left over and maybe buy some stuff...a car? A TV? And wouldn't you at least consider investing some...even if only $50,000 or $100,000 for the future? You, and 229 million of your friends and neighbors...wouldn't that stimulate the economy?
YES, some people would screw up and "waste" this. Some would go out and buy a 5 million dollar house and default...but others would take their Million and make 2 or 3 or 4 or 20 more Million buy wisely investing it. We'll ALWAYS have the poor and the rich - give out 10 billion dollare and someone will screw it up - but even then they're screwing up by stimulating the economy.
Have we at least considered this option before we "invest" 2.5 Trillion dollars? If so, then why not?
Is it because liberal democrats gain nothing by allowing the American ingenuity and free market principles out of the shackles, whereas by making the voting public dependent on government (read here, Obama Administration), they secure power for a long long time to come?
And one last thing. Tax it. Tax the million. I'll take my $700,000 and be quite content - and the government's can apply my taxes towards retiring a portion of that debt.
OK. I know. I oversimplify. Shields up. Flame away.
With your mathematical prowess, could I interest you in doing my taxes? (Daddy sees a new bass boat.)
Why? Are you vying for a cabinet position with the new administration?
My last name is Foulfellow...that’s bad enough.
Money given free is money freely spent and wasted.
They are going to print the money, and you won't get any. Just get used to it.
Yes I am. Government service is now the quickest way to wealth in this country. We really need a Recreation Czar, and I would be outstanding in that capacity.
Smart man. Look at me, and feel vindicated. It burns...
I stand corrected!
I blame myself...back to the abacus.
J. Worthington Foulfellow.....
The price for 2,000 lbs of roosters?
Or perhaps the alter-alter ego of Benton Harbor, aka “Chicken Man” - (He’s everywhere! He’s everywhere!)
ahhh...a kindred spirit!
Kindred Spirit?
Perhaps. Click on my user name to find out.
As for Chickenman.....
http://www.youtube.com/watch?v=rOWGNamUJWA
(It’s a Chicago Thing.)
I love your math. It’s far superior to mine. You just got a few extra 0s. Oh, so, what? The Government does that all the time, but they forget.
BTW, if J. Worthington had proposed 10 million to each adult rather than just one, we would have been beyond trillions, and since it’s important that FReepers stay on the cutting edge of political discourse everyone needs to know that “quadrillion” comes after “trillion”, and after “quadrillion”, comes “quintillion”.
I figure we’ll be using these terms before the O administration is done, so just thought I’d share.
Have a great day!
Limbaugh actually mentioned this on his show a week after the election. Said it wouldn’t work for a few reasons. One was that it would remove the incentive to work and to stay produceive for a few people, but the main reason was that it gave too much power to Americans.
And the government doesn’t like it when the people have too much power for themselves.
And of course if we excluded the 40% of Americans who don't pay taxes...
And if you exclude those over retirement age...
And if you exclude those in Prison...
And if you exclude those working for the government...
I think the numbers could work!
Has anyone seen Buehler?
Have a nice day
Where to start?
The US population is now 300 million.
One million dollars per American comes to ...
Over a quarter quadrillion dollars.
Reality check.
Well, the math doesn’t work out, but that’s no matter, I’ve already determined that if I get any kind of “stimulus” check, I’m going to send it straight back to 1600 Penn. Ave. along with one helluva scorching missive.
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