Saturday, February 21, 2009

One Trillion Dollars...





With the economic stimulus package estimated to cost around one trillion dollars, and Obama stating on January 7th that "he is admitting to trillion dollar budget deficits for years to come".

Here are some analogies that express the absurdity of the current situation in the United States.

First - the math:

1 (one)
10 (ten)
100 (one hundred)
1,000 (one thousand)
10,000 (ten thousand)
100,000 (hundred thousand)
1,000,000 (one million)
10,000,000 (ten million)
100,000,000 (hundred million)
1,000,000,000 (one billion)
10,000,000,000 (ten billion)
100,000,000,000 (hundred billion)
1,000,000,000,000 (one trillion)

Now the analogies:

First analogy:

If someone spent one million dollars per day each and every day since Jesus was born, it would take another 731 years (beyond today) before one trillion dollars was spent.

$1,000,000,000,000 / $1,000,000 per day = one million days one million days / 365 = 2740 years 2740 - 2009 = 731 (years remaining)

Second analogy:

Looking at a million, a billion, and a trillion in terms of seconds...

One million seconds comes out to be about 11½ days.
A billion seconds is 32 years. And a trillion seconds is 32,000 years!
The third analogy:

Imagine putting dollar bills end to end.

If you laid one dollar bills end to end, one trillion dollars would stretch nearly from 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, 14 years before it reeled out one trillion dollar bills!

The fourth analogy:

This is the one that absolutely blows my mind. If you took freshly minted brand new $1,000 dollar bills and started stacking them one on top of another, it would take a stack over 68 miles high to reach one trillion dollars!