Put this into perspective when you realise that the interest payments alone against the current accrued debt are somewhere in the region of $3,641,719,750,000,000 (and rapidly climbing). Just count those zeroes.
Now, if you are an American citizen and a tax payer, take a look at your tax return. Take into account that there are many things that your dollar goes toward. This does NOT take fully into account the settlement of the outstanding debt so a proportion of what you pay goes toward paying off any debt. IF the proportion of the amount of tax you pay is greater than the debt level per person then things are AOK. How much is the apportioned debt per person (paying taxes) in the USA? $130,222. Soooo.... if you are paying more than this then everything is hunky-dorey and you can sleep good at night.
Sadly, this is NOT the case. When there are policies in place that allow those who have large amounts of money to avoid paying ANY tax (and in many cases getting tax rebates for doing so) then there is clearly something very wrong. Note that this is not anarchistic in any way shape or form, but simply pointing out the sheer lack of logic behind the backslapping and ´hoorah´ cries resounding around the Capitol.
ALL this does is delay the obvious until there is another election when whoever wins can either blame the previous incumbent and/or provide justification to applying swinging cuts in YOUR standard of living. A simple question to raise is ´what have I done to cause this?´ The answer is one only you can give...
Meanwhile, count the zeroes. Take a visit to here and do your own math... seems to me as though there is a mushroom style of management under way...
Meanwhile, let us sing hallelujah that everything is OK in the world when ´praise be´ Giffords is brought out to prove to everyone that ¨It WILL be alright´. With the greatest respect to Senator Giffords, who on earth are they trying to kid? Please pass the bucket as this was so stage-managed as to defy sensibility, credibility, or any form of decency.
The fan is on high speed and no-one is at all deluded enough to believe that this bill solves anything at all. YOU are probably going to have to get used to living on mushrooms...
12 zeroes = | 1 trillion | OR in other locales = a billion |
15 zeroes = | 1 quadrillion | OR in other locales = 1000 billion |
18 zeroes = | 1 quintillion | OR in other locales = trillion |
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