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[quote=Anonymous]U.S. government borrowing and spending never stops. The federal government ran another big deficit in June, as the national debt inches closer to $35 trillion. $35 trillion USD. Trillion with a 'T.' That's an unfathomable number. It's meaningless to most people. We simply can't comprehend a number that big. Let's try to put the $34.9 trillion national debt into perspective. According to the National Debt Clock, every American citizen would have to write a check for $103,565 to pay off the national debt. Of course, a lot of people don't pay taxes. That means the taxpayer burden is much higher. Every U.S. taxpayer would have to write a check for $266,953 to wipe out the debt. And that's on top of the taxes we already pay! To put it another way, $35 trillion is more than the total economies of China, Japan, Germany, and the UK combined. Visualizing 1 Trillion 1,000,000,000,000 It's hard to wrap your head around how big 1 trillion is, much less 35 trillion. Here are a few factoids to help you visualize just how big that number is: - There are 1 million seconds in 11.5 days. A trillion seconds is about 32,000 years. - If you could say one number every second, it would take about 11.5 million days to count to 1 trillion. - If you had spent $1 million every day since the birth of Christ, you still wouldn't have spent $1 trillion. - If you line up dollar bills end-to-end, you could go to the moon and back around 203 times with $1 trillion. You could wrap them around the earth about 3,893 times. - If you stacked up 1 trillion dollar bills, the dollar tower would rise to 67,866 miles. - If a cup of coffee costs $3, you could buy 333 billion cups of coffee with $1 trillion. - If you had 1 trillion dollars, you could give every person on Earth approximately $125. - One trillion grains of rice would weigh about 20,000 metric tons. Keep in mind that all of these examples only illustrate the size of $1 trillion. The national debt is nearly 35 times that number. More: https://www.moneymetals.com/news/2024/07/15/putting-the-national-debt-into-perspective-we-can-all-understand-003319[/quote]
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