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.
read this
BTTT
Good vanity. Carry on.
Kathy, now here’s a thought.
Thanks friend. I know I’m missing a lot - and holes are ready for poking in this - but is my math close?
If we gave EVERYONE in this demographic $1,000,000. Yes, ONE MILLION DOLLARS. It would only add up to 2.3 TRILLION DOLLARS.
The author's math is off. It would add up to 229 trillion dollars.
No, your math isn’t close. Your plan would cost $230 trillion.
With 2.5T, you can afford to give everybody $10,000.
The math is wrong. $2.3 trillion is $10,034.2 per person for 229,216,000 people, not $1 million per person.
Drinking Free Bubble Up and Eating Rainbow Stew!
With your masterful command of mathematics, I’m gonna guess: public school graduate. Am I right? :)
Check your work and report back to the class the correct amount per person. It’s not a million dollars.
I stand corrected, as well as down. Damn excel formulas!
I know any and all Merle Haggard references.
I think it is 22.9 Trillion!
Check your math. That ain’t right, but I’d have to get my BIG calculator to give you the correct number. My guess is it would be in the tens of thousands range.
That is what I was thinking. Very large numbers, but I think your math is accurate. :)
Look at the bright side.
At least you don’t have a Roman Numeral II or III after your last name, or worse yet, a hyphenation.
If we only counted legal adults I think the math would work. Am I right? Am I right? Buehler...Buehler...
Damn it, I wanted my million dollars. I knew I should have voted for Hillary, she would have given it to me.
I’d like 6 or 7 mill please.
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