Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Delacon

>>“Looks like that would be 90 billion dollars.”

Some have put the tab for this bill at $845 billion.
http://www.freerepublic.com/focus/f-news/1974711/posts<<

Well.... since I looked up the GDP on a government web site and then used the Google calculator and showed my work, I am reasonably comfortable that whomever did the calculations in the other thread is by a factor of 10.

To do a rough estimate ... suppose the GDP is an even 13 trillion. 10% would be 1.3 trillion. 1% would be 130 billion so 7/10 of 1% would be less than 100 billion.

The google calculator will also do the math in terms of percent
13 * (10^12) * (.7%) = 91 000 000 000
and even words
.7% of 13 trillion = 91 000 000 000


19 posted on 02/22/2008 2:58:52 PM PST by gondramB (Preach the Gospel at all times, and when necessary, use words.)
[ Post Reply | Private Reply | To 13 | View Replies ]


To: gondramB

.7% of 13 trillion = 91 000 000 000

Per the CIA Factbook for 2007 (https://www.cia.gov/library/publications/the-world-factbook/print/us.html)

US GDP = $13.86 Trillion
multiply by .007 = $97,020,000,000
multiply by 13 years = $1,261,260,000,000,000


21 posted on 02/22/2008 3:32:00 PM PST by callisto (CONGRESS.SYS corrupted...Re-boot Washington DC (Y/N)?)
[ Post Reply | Private Reply | To 19 | View Replies ]

To: gondramB
Jeffrey Sachs, who ran the U.N.'s "Millennium Project," which monitors compliance with and progress toward these goals, says that the U.N. plan to force the U.S. to pay 0.7 percent of GNP in increased foreign aid spending would add $65 billion a year to what the U.S. already spends. "We are short by $65 billion each year, which may seem like a vast sum, but it represents just 0.5% of our GNP," says Sachs.

Over a 13-year period, from 2002, when the U.N.'s Financing for Development conference was held, to the target year of 2015, when the U.S. is expected to meet the Millennium Development Goals, this amounts to $845 billion.


Ten cents more per year to the UN is way too much.
22 posted on 02/22/2008 3:32:47 PM PST by snowrip (Liberal? YOU ARE A SOCIALIST WITH NO RATIONAL ARGUMENT.)
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson