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08-01-2011, 04:55 PM
Congressional leaders have agreed in principle to finally bring legislation to the floor in both houses for ratification into law. The agreement provides for 7 trillion dollars in spending increases over the course of the coming decade, on top of the 14.5 trillion spending debt we own already. Nancy Pelosi, Joe Biden and many other liberal legislators are dismayed and angry because the deficit spending is not 9 trillion! Rank and file members of the liberal democratic caucus are threatening to vote it down because they feel the spending increases are too small and republican legislators are tempted to vote against it because the spending cuts are to few. Meanwhile S&P and Moody's warn of loss of triple a rating because congress did not show enough willingness to deal with the debt crisis (not the debt ceiling) by the neccessary cuts and decreased spending measures. Liberals will have to launch an attack on the credibility of these two agencies to discredit the validity of their assessments if they follow their playbook.
It's hard to wrap one's head around how much a trillion dollars really is.
there are 12 zeros in a trillion
this is how one would write the # of seconds from the start of man's recorded history--- 189,216,000,000
this is how 1 trilliion is written--- $1,000,000,000,000
Only 189 billion, 216 million seconds have elapsed in man's recorded history. I appologize for not lining up the decimal places in column, further, just for the sake of demonstration, recorded history is rounded off to 6000 years.
It's hard to wrap one's head around how much a trillion dollars really is.
there are 12 zeros in a trillion
this is how one would write the # of seconds from the start of man's recorded history--- 189,216,000,000
this is how 1 trilliion is written--- $1,000,000,000,000
Only 189 billion, 216 million seconds have elapsed in man's recorded history. I appologize for not lining up the decimal places in column, further, just for the sake of demonstration, recorded history is rounded off to 6000 years.
[SIGPIC][/SIGPIC]
Messages In This Thread
Understanding the current economy for Dummies - by LWC - 07-22-2011, 09:01 PM
Understanding the current economy for Dummies - by LWC - 07-22-2011, 09:02 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-22-2011, 09:27 PM
Understanding the current economy for Dummies - by TheRealThing - 07-22-2011, 09:47 PM
Understanding the current economy for Dummies - by TheRealThing - 07-22-2011, 09:54 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-22-2011, 10:05 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-22-2011, 10:27 PM
Understanding the current economy for Dummies - by LWC - 07-22-2011, 11:15 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-22-2011, 11:43 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-23-2011, 08:50 AM
Understanding the current economy for Dummies - by TheRealThing - 07-23-2011, 11:40 AM
Understanding the current economy for Dummies - by TheRealVille - 07-23-2011, 05:45 PM
Understanding the current economy for Dummies - by Bob Seger - 07-23-2011, 06:04 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-23-2011, 06:22 PM
Understanding the current economy for Dummies - by TheRealVille - 07-23-2011, 06:35 PM
Understanding the current economy for Dummies - by Bob Seger - 07-23-2011, 07:35 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-23-2011, 08:20 PM
Understanding the current economy for Dummies - by Bob Seger - 07-23-2011, 08:38 PM
Understanding the current economy for Dummies - by LWC - 07-23-2011, 09:28 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-23-2011, 10:04 PM
Understanding the current economy for Dummies - by real_change - 07-24-2011, 12:42 AM
Understanding the current economy for Dummies - by jetpilot - 07-24-2011, 12:45 AM
Understanding the current economy for Dummies - by LWC - 07-24-2011, 12:59 AM
Understanding the current economy for Dummies - by TheRealVille - 07-24-2011, 02:21 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 08:03 AM
Understanding the current economy for Dummies - by vector - 07-24-2011, 08:45 AM
Understanding the current economy for Dummies - by vector - 07-24-2011, 09:05 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 09:42 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 09:48 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 09:51 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 10:07 AM
Understanding the current economy for Dummies - by Bob Seger - 07-24-2011, 10:21 AM
Understanding the current economy for Dummies - by LWC - 07-24-2011, 10:53 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 11:01 AM
Understanding the current economy for Dummies - by vector - 07-24-2011, 11:23 AM
Understanding the current economy for Dummies - by vector - 07-24-2011, 11:35 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 11:38 AM
Understanding the current economy for Dummies - by vector - 07-24-2011, 11:52 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 12:00 PM
Understanding the current economy for Dummies - by TheRealThing - 07-24-2011, 03:32 PM
Understanding the current economy for Dummies - by real_change - 07-24-2011, 05:48 PM
Understanding the current economy for Dummies - by LWC - 07-24-2011, 07:27 PM
Understanding the current economy for Dummies - by real_change - 07-24-2011, 07:50 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 08:57 PM
Understanding the current economy for Dummies - by TheRealVille - 07-24-2011, 10:22 PM
Understanding the current economy for Dummies - by Hoot Gibson - 07-24-2011, 10:36 PM
Understanding the current economy for Dummies - by TheRealVille - 07-24-2011, 11:27 PM
Understanding the current economy for Dummies - by TheRealThing - 07-25-2011, 12:35 AM
Understanding the current economy for Dummies - by TheRealThing - 07-25-2011, 12:54 AM
Understanding the current economy for Dummies - by TheRealThing - 07-25-2011, 01:37 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-25-2011, 02:29 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-25-2011, 02:58 AM
Understanding the current economy for Dummies - by TheRealThing - 07-26-2011, 05:52 PM
Understanding the current economy for Dummies - by real_change - 07-31-2011, 05:37 AM
Understanding the current economy for Dummies - by Hoot Gibson - 07-31-2011, 05:14 PM
Understanding the current economy for Dummies - by TheRealThing - 08-01-2011, 04:55 PM
Understanding the current economy for Dummies - by BillyB - 08-01-2011, 05:31 PM
Understanding the current economy for Dummies - by TheRealThing - 08-01-2011, 07:03 PM
Understanding the current economy for Dummies - by TheRealThing - 08-01-2011, 07:37 PM
Understanding the current economy for Dummies - by Hoot Gibson - 08-04-2011, 02:33 PM
Understanding the current economy for Dummies - by nky - 08-04-2011, 03:54 PM
Understanding the current economy for Dummies - by BillyB - 08-04-2011, 04:14 PM
Understanding the current economy for Dummies - by Hoot Gibson - 08-04-2011, 04:54 PM
Understanding the current economy for Dummies - by Hoot Gibson - 08-04-2011, 05:03 PM
Understanding the current economy for Dummies - by TheRealThing - 08-04-2011, 05:08 PM
Understanding the current economy for Dummies - by nky - 08-04-2011, 07:16 PM
Understanding the current economy for Dummies - by Wildcatk23 - 08-05-2011, 09:22 AM
Understanding the current economy for Dummies - by Hoot Gibson - 08-05-2011, 09:26 AM
Understanding the current economy for Dummies - by Deathstar 80 - 08-05-2011, 12:40 PM
Understanding the current economy for Dummies - by Hoot Gibson - 08-05-2011, 12:56 PM
Understanding the current economy for Dummies - by TheRealThing - 08-05-2011, 01:49 PM
Understanding the current economy for Dummies - by Deathstar 80 - 08-05-2011, 08:15 PM
Understanding the current economy for Dummies - by Deathstar 80 - 08-05-2011, 09:17 PM
Understanding the current economy for Dummies - by nky - 08-05-2011, 09:36 PM
Understanding the current economy for Dummies - by Hoot Gibson - 08-05-2011, 09:50 PM
Understanding the current economy for Dummies - by TheRealThing - 08-05-2011, 10:33 PM
Understanding the current economy for Dummies - by TheRealThing - 08-06-2011, 01:56 AM
Understanding the current economy for Dummies - by nky - 08-06-2011, 10:21 AM
Understanding the current economy for Dummies - by Hoot Gibson - 08-06-2011, 10:39 AM
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