Category Archives: us debt

Campaign For Liberty — Pity the Imperialists   | by Jacob Hornberger

Pity the imperialists. They’re damned if they do, and they’e damned if they don’t. Pity the American people even more — they’re the ones who will ultimately pay the price of all this imperial folly.

via Campaign For Liberty — Pity the Imperialists   | by Jacob Hornberger.

How much is a trillion dollars?

To give you an ideal of how much money the federal government spends.   If a dollars is equal to a second:

  • 1 million seconds is equal to 11.5 days
  • 1 billion seconds is equal to 32 years
  • 1 trillion seconds is equal to 32,000 years

The national debt is 11+ trillion dollars.  The is a 2 trillion deficit for 2009.  Check out the debt clock to see graphically where the money comes from and where it is spent.