Tuesday, September 23, 2008
Big Numbers!
| Newsweek: It's difficult to quantify the costs [$.7 - $1 trillion] of these activities [government bail out] for a few reasons. Even though the government has now formally agreed to guarantee the debt of Fannie and Freddie, the White House says it doesn't see the necessity—shock me!—to include the cost of doing so in the budget. |
Here's a number for you; 9,727,009,619,894.34. Don't worry. If you click the link the number will change - probably higher. You know what that number is? It's the total public debt of the USofA. Take that and divide it by 305,000,000 (roughly the USofA population) and you get roughly 31,891. Since the USofA is supposedly a government of the people, by the people, etc. etc. that means that each of us has a standing debt of $31,891 (and I'm guessing it's gone up since I started typing this). That's on top of what you owe on your house, your car, your kid's college and that 46" plasma TV you use to watch Biggest Losers.
One of my few splurges is maple syrup; not the colored sugar water stuff, but the real deal made from trees. This weekend I checked out a bottle of maple syrup at Pat's, the local grocery store. The price for I think 12 ounces was $8.50 or so. Last year I paid $3.75 for the same stuff. I'm really glad the Republicans think our economy is doing so well.
Labels: food, government
