Aug 09
26
The 2 Trillion Dollar Swing
What’s a trillion dollars?
2 trillion dollars = $2,000,000,000,000.
That’s 12 zeroes to the left of the decimal point. 1 trillion is a million million dollars.
If you laid one dollar bills end to end, you could make a chain that stretches from earth to the moon and back again 400 times before you ran out of dollar bills! Two trillion dollars would stretch beyond the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 28 years before it reeled out 2 trillion dollar bills.
The Obama Government has evaluated its charge card accounts and have placed deficits at 9 trillion, with a (t). Although since the spending has been so wild they gave us a +- 2 Trillion dollar margin.. how nice.
With more and more people relying on government, less and less people people paying their share of taxes. The Dollar Printing machines working over time… the US simply cant project how bad off they are to the tuen of 2 trillion.
Yes, Obama blames Bush.. and we all know spending was off the hook there as well. Yet, Obama has yet to change the tide of spending.. in fact he increases spending while revenue declines.
When we lose our jobs, we cut back our lawn care, maybe buy generic products, shop discount… and wait out the storm.
It is time for Obama to push off his ego-centric plans for nationalizing health care, and quit spending to reckless abandon. It’s simply time to figure out, now is not the time to buying .. it is a time for cutting back.
“The alarm bells on our nation’s fiscal condition have now become a siren,” Senate Minority Leader Mitch McConnell, R-Ky., said. “If anyone had any doubts that this burden on future generations is unsustainable, they’re gone — spending, borrowing and debt are out of control.”