Monday
Feb152010
National Debt by the numbers: What does 12 trillion mean?
Monday, February 15, 2010 at 9:09AM By Chris Carter
On Friday afternoon with no media present, President Barack Obama signed a bill which raises our public debt from $12 .394 trillion to $14.294 trillion.
That is an incredible amount of money, but do Americans even grasp how much money $1 trillion (1,000,000,000,000) is, let alone more than 14 trillion?
A million seconds ago, it was only twelve days ago. But a trillion seconds ago - it was 29678 B.C.. Woolly mammoths still roamed the earth, and the Great Lakes won't be formed for another 20,000 years. Scientists estimate that there aren't even one trillion stars in our galaxy (only 200 to 400 billion). Lined up end to end, one trillion dollar bills would circle the earth an incredible 380 times.
in Democrats, US Government, US President tagged federal deficit, federal spending, trillions
Democrats, US Government, US President tagged federal deficit, federal spending, trillions 