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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (143027)5/6/2001 1:34:48 PM
From: ManyMoose  Read Replies (2) | Respond to of 769667
 
We'll pay off the $6 trillion faster by being richer and paying a lower tax rate on a higher wealth base.

I do my part by not buying savings bonds.

>>>>>>We are $6 trillion in debt. That should be paid off before we give tax cuts to millionaires.

Assuming a .003 inch thick $1000 bill:
Number of $1000 bills in an inch = 250
Number of $1000 bills in a foot = 3,000
Number of $1000 bills in a mile = 15,840,000
Number of dollars in a mile = 15,840,000,000
Height of the national debt in $1000 bills = 378 miles
Amount owed by every person in the United States = $21,818
Average life span of an American = 75 years
Amount to pay every year = $290
Savings at bank rates needed to throw off $290 every year = $4,800
Investment in the stock market needed to throw off $290 every year = $2,400
Time needed to save $2,400 at $50 a month = four years
Time needed to save $2,400 by giving up one latte a day = 1.6 years

There's magic in them thar numbers, give or take a few.