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5 Ways To Visualize Our $14.5 Trillion National Debt

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 07/27/2011  5:41 pm Show Profile   Bookmark this topic Add biggfredd to your friends list Get a Link to this Message Number of Subscribers
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GoThunder's Avatar
United States
830 Posts
 Posted 07/27/2011  6:03 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
Oh we can pay that 14 trillion off, we just need another loan lol.

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Ed_B's Avatar
United States
4008 Posts
 Posted 07/27/2011  6:59 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
I agree with the sentiment of that web site 100%. Politicians are not mathematicians, so it is not at all surprising that they do not grasp numbers like a billion, let alone a trillion. I used to tell my chemistry students that a ppb was 1 second in about 31 1/2 years and that a ppt was 1 second in about 31,500 years. Everyone knows what a second is and what a year is but this explanation of what billion and trillion actually mean will stagger most people.

Unfortunately for the rest of us, it is these mathematically challenged politicians who are in charge of US taxing, spending, and the resultant mess that their ignorance has created. Are any of us really surprised by this result?
Rest in Peace
biggfredd's Avatar
United States
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 Posted 07/27/2011  7:06 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
What concept of money can someone have if they spend hundreds of times what the job is worth to try to get it?
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hockingzig's Avatar
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 Posted 07/27/2011  7:19 pm  Show Profile   Bookmark this reply Add hockingzig to your friends list Get a Link to this Reply
It's not the money Fredd,it's the power and perks.
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United States
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 Posted 07/27/2011  7:48 pm  Show Profile   Bookmark this reply Add StJoeBlues to your friends list Get a Link to this Reply
President Obama was getting briefed on the war in Afghanistan one morning. The speaker mentioned that 2 Brazilian soldiers were killed overnight. The president visibly blanched, nearly spilling his mocha peppermint cappuccino. He pushed back from the table and buried his face in his hands. The other participants looked at each other, puzzled over the odd actions of the president. After a few seconds, he looked up and asked "How many zeroes are there in one brazilian."
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 Posted 07/27/2011  8:06 pm  Show Profile   Bookmark this reply Add ICanSeeYou7687 to your friends list Get a Link to this Reply
Lol that actually made me laugh outloud
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GoThunder's Avatar
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 Posted 07/27/2011  8:15 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply
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Peter THOMAS's Avatar
Australia
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 Posted 07/28/2011  12:33 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
I like the third visualization.
And the Brazilian one also.
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Libertad's Avatar
Canada
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 Posted 07/28/2011  4:05 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
"Oh no! Now where will I buy my coffee!?"
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Ed_B's Avatar
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 Posted 07/28/2011  8:20 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
"How many zeroes are there in one brazilian."

Maybe a better question is, "How many zeros are there in the White House?". :-/
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Peter THOMAS's Avatar
Australia
2830 Posts
 Posted 07/29/2011  07:02 am  Show Profile   Bookmark this reply Add Peter THOMAS to your friends list Get a Link to this Reply
Apple now has more cash than the U.S. government -
Apple is now more liquid than the United States government, the Financial Post reports.

As the government struggles to resolve the debt ceiling debate, the operating balance in Washington is at US$73.768 billion and falling.

Meanwhile, Apple has US$75.876 billion -- and that number isn't going anywhere but up as the company continues to break records and make its competitors look bad.

You can check the treasury numbers yourself here* and the Apple numbers from the most recent quarterly earnings report here*.

Apple's lead over the government is more pronounced than it would seem if you treat cash as more valuable than credit. Washington's "operating balance" refers to the amount of money it can spend before it hits the debt ceiling.

The phrase "richer than a small country" is not uncommonly heard, but this is another thing altogether. Congratulations Steve Jobs -- you're now more powerful than one of the largest nations on Earth.

*links are on this webpage -

http://thenextweb.com/apple/2011/07...All+Stories)
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Ed_B's Avatar
United States
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 Posted 07/29/2011  8:22 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
It's not the money Fredd,it's the power and perks.

Right on, Hock... and the babes!
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 07/29/2011  11:07 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
If Monica is any indication, there are some not even a $400 haircut will help.
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Ed_B's Avatar
United States
4008 Posts
 Posted 07/30/2011  7:30 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
If Monica is any indication, there are some not even a $400 haircut will help.

Maybe so, Fred, but a lot of those politicians are from the school of "when the lights go out, there are no ugly women". Bill hid Monica under his desk for more than one reason.
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