Monday, December 15, 2014

Stop the outrageous spending

Stop the outrageous spending | Somewhat Reasonable:
"At some point between Thanksgiving and December 1, the federal government made history, as the value of outstanding U.S. Treasury securities exceeded $18 trillion—that’s an 18 with 12 trailing zeroes. 
At some point, such numbers begin to lose their meaning because the amounts exceed most people’s ability to comprehend.
The abstraction of such numbers, in turn, makes it difficult to understand just how gigantic a problem the national debt is.
However, using tangible objects to represent the magnitude of the debt can help solve that problem.
Divided equally, each American household’s share of the national debt is roughly $153,846—about enough money to buy a two-story house with four bedrooms in Jacksonville, Florida. "

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