Put deficit in perspective

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I dabble in amateur astronomy. As such, I routinely deal with large numbers because celestial space is huge.

As a result, allow me to give you some hopefully understandable ideas as to the size of the current U.S. budget deficit of $16 trillion – that’s 16 with 12 zeroes after it.

Suppose 16 trillion $1 dollar bills were laid end to end. How long would it take light to traverse that single line, assuming each dollar bill is 6 inches long instead of its actual 6.14 inches? It would take only two hours and 16 minutes, or 136 minutes. Light from our sun takes about 8.25 minutes to reach Earth.

So about 16 rows (136/8.25) of $1 bills placed end to end from Earth to the sun would be needed to pay off our national debt. Just one of those rows of dollar bills would total $1 trillion.

Sort of scary, isn’t it?

Perry Holcomb

North Augusta, S.C.

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KSL
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KSL 04/20/12 - 05:57 pm
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Bizkit
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Bizkit 04/20/12 - 06:39 pm
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Got it, KSL!I keep getting a

Got it, KSL!I keep getting a DAEMON mailer. I'll try later.

KSL
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KSL 04/20/12 - 08:12 pm
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My bad.

My bad. kslouder@bellsouth.net. Don't broadcast it much lately, but it comes into my main outlook mailbox.

Bizkit
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Bizkit 04/20/12 - 09:20 pm
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Be good to hear from you.

Be good to hear from you.

Steve62351
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Steve62351 04/23/12 - 08:39 pm
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The "deficit" is the amount

The "deficit" is the amount added to the national debt in any one year, the last three years the deficit has been between $1 and $1.6 trillion. The "National Debt" is the total, cumulative federal debt accrued since 1790 which is now almost 16 trillion. You can see the National Debt for every year since at http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm And for TECHFAN, the Social Security Trust Fund is just under $3 trillion, not "most of the Debt". The real issue isn't talking about it, but what are you doing to prepare for the aftermath when the National Debt "bubble" bursts in early 2014? When the debt reaches around $18 trillion and interest rates rise? Think of 6% -to- 10% interest on $18 trillion, borrowing to pay the interest and run the government will require more than the world has to lend us, then what? Inflation. Like we've never seen. The financial nightmare for all of is about 2 years away. Debate it all you like, words aren't going to help or hurt, it's coming and unstoppable no matter who is elected president or to Congress. So comment away to your hearts content, but when the bubble bursts, your comments will be long forgotten.

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