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It's just a BILLION...

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Old May 15, 2005 | 04:36 PM
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Default It's just a BILLION...

This explains it very well.

The next time you hear a politician use the word "billion," casually, think seriously about whether you want that politician spending your tax money. A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into perspective in one of its releases.

A billion seconds ago it was 1959.
A billion minutes ago Jesus was alive.
A billion hours ago our ancestors were living in the Stone Age.
A billion days ago no-one on earth walked on two feet.
A billion dollars ago was only 8 hours and 20 minutes, at the rate the government spends it.
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Old May 15, 2005 | 05:41 PM
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Put that way, its pretty scary.
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Old May 16, 2005 | 02:07 AM
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Old May 16, 2005 | 05:27 AM
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Ouch - we have gov't problems up here at the moment...the current gov't is making mult-billion dollar promises trying to stay in power. That's on top of the billions they have wasted in the past ...
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Old May 16, 2005 | 05:47 AM
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If it's hard to imagine a billion, what about the trillions (plural) in debt we have? Put that in perspective for us!
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Old May 16, 2005 | 09:43 AM
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[QUOTE=matrix,May 16 2005, 08:27 AM] Ouch - we have gov't problems up here at the moment...the current gov't is making mult-billion dollar promises trying to stay in power.
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Old May 16, 2005 | 10:30 AM
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Originally Posted by Zippy,May 16 2005, 01:43 PM
Granny,
The US debt at this time is ~7.8T, with a population of 295M our debt is a little over $2600 for every man, woman and child and that is growing literally by the minute! Does that add a little perspective?
Add to that the unfunded liability of Social Insecurity, which last I heard is somewhere in the range of 23 Trillion, plus the unfunded liability of Medicare, currently at 62 Trillion (that's not 6.2, it's 62!) - Now we're talking real money.

JonasM
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Old May 16, 2005 | 11:08 AM
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[QUOTE=JonasM,May 16 2005, 12:30 PM] Add to that the unfunded liability of Social Insecurity, which last I heard is somewhere in the range of 23 Trillion, plus the unfunded liability of Medicare, currently at 62 Trillion (that's not 6.2, it's 62!) - Now we're talking real money.
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Old May 16, 2005 | 11:45 AM
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Correction, I had posted 2600/person...it is in fact 26217
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Old May 16, 2005 | 12:00 PM
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Originally Posted by grannyrod,May 16 2005, 03:08 PM
Boggles the mind
Can that be right? It's definitely a thought provoker but I wonder if it is accurate.
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