Archive for April, 2011

Counting the Budget Deficit in Real Numbers!

Saturday, April 16th, 2011

The fiscal disaster which is the U S Federal budget, and the tidal wave of debt( Tsunami,sorry I have dated myself) which is threatening our Nation, is a well documented reality.

I have been listening to the arguments between Liberal and Conservative pundits, and there is one serious problem with both sides of this debate.

Both sides acknowledge that the  budget deficit is approx $1.7 trillion this yeat, and a $ 13-14  trillion unfunded debt also exists.

O K , I acknowledge the reality of our fiscal horror show.

BUT, what is 1.7 trillion? How about letting the public know the real number. Try $ 1700 billion. Yes thats right, the glib $ 1.7 trillion deficit in real dollars is 1700 BILLION,  of 1,700,000 MILLION.

Those numbers are all the same,but the spelled out number is truly staggering. 1.7 trillion is 1700 Billion .

How about our acknowledged debt of $ 14trillion. This is where our debt ceiling is right now. 14 trillion is 140,000 Billion dollars. A number which gives me a headache to comprehend.

Yet Obama and the Democrats are treating it as monopoly money and throwing around 1.6 or 14 trillion  without really telling you the desperation of the numbers.

Take a minute or possibly a hour and try to actually write out the number longhand.

Blows your mind doesn’t it