Saturday, September 19, 2009
What is ONE BILLION DOLLARS?
All this talk about "stimulus packages" and "bailouts"...
A billion dollars...
A hundred billion dollars...
Eight hundred billion dollars...
One TRILLION dollars...
What does that look like? I mean, these various numbers are tossed around like so many dogie treats, so I thought I'd try to get a sense of what exactly a trillion dollars looks like.
We'll start with a $100 dollar bill. Currently the largest U.S. denomination in general circulation. Most everyone has seen them, slightly fewer have owned them. Guaranteed to make friends wherever they go.

A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000. Fits in your pocket easily and is more than enough for week or two of shamefully decadent fun.
Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000). You could stuff that into a grocery bag and walk around with it.

While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet...

And $1 BILLION dollars... now we're really getting somewhere...

Next we'll look at ONE TRILLION dollars. This is that number we've been hearing so much about. What is a trillion dollars? Well, it's a million million. It's a thousand billion. It's a one followed by 12 zeros,
$1,000,000,000,000.
You ready for this?
It's pretty surprising.
Go ahead...
Scroll down... Ladies and gentlemen...
I give you $1 trillion dollars...
Notice those pallets are double stacked. Did you notice the man? ...and remember those are $100 bills. So the next time you hear someone toss around the phrase "trillion dollars"... that's what they're talking about.
The Congressional Stimulus Package already passed is $787 Billion that equates to $1,300 per year in new taxes per household. (Washington Post)
The proposed Healthcare Reform Bill estimates from the Obama Administration will be $1 trillion. The Bacaus Healthcare Bill reduces that to $856 Billion. That translates to $1500 in new taxes to every household every year. (Fox News)
One trillion six hundred thirty two billion in new spending with only two bills. $2,800 in new annual taxes per household. Cut that in half for individuals. And if Congress passes "Cap and Trade" our utilities expense will increase, by some estimates, 30%.
I cannot afford to be stimulated any further.
~Webb~
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