Congress has voted to let Obama raise the national debt another 1.9 trillion dollars. Most people have no conception of what a trillion of anything is. There are 525,600 seconds in a year. Multiply that by 1,000. So in 1,000 years there 525,600,000 seconds. Multiply by 1,000 again-now you have 525,600,000,000----that is billions. So in 1,000,000 years there are
525,600,000.000. seconds. Now if you mutiply the million years by 3.61 you will have 189,741,600,000,000. seconds (almost 1.9 trillion) in 361,000,000 years.
Our present national debt is nearing $12.4 trillion. Each citizens share of our debt is $177,504. If you add in our unfunded liabilities our debt is $54.8 trillion.
There is no way we will ever be able to pay off our national debt. At present the ratio of our debt to GNP is 86.7%. No nation whose ratio of debt to GNP exceeded 90% has survived.
The Aztec calender stopped on Dec. 22, 2012----they thought the world as we know it would cease to exist then. So maybe we don't have long to worry about the debt or anything else.
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