0lbama'sMountingDebt
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- Aug 1, 2010
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things 0-bama's $13 trillion could buy? http://www.kiplinger.com/features/archives/ways-to-spend-one-trillion-dollar-deficit.html
$1 Trillion Would Buy:
40,816,326 NEW CARS
The 2010 Volkswagen Jetta TDI wins Kiplinger’s Best in Class honors for cars in the $20,000-to-$25,000 price range. At a sticker price of $24,500 each, $1 trillion would let you drive away with a fleet of Jettas equivalent to 30% of all the cars already on U.S. highways. (The total U.S. car fleet is more than 135 million, according to the U.S. Department of Transportation, excluding trucks and SUVs.)
$1 Trillion Would Buy:
5,574,136 TYPICAL AMERICAN HOMES
According to the National Association of Realtors, the national median price for existing single-family homes in May was $179,400. There are about 80 million detached, single-family homes in the U.S., according to the NAR and the Census Bureau.
$1 Trillion Would Buy:
140 BILLION HOURS OF LABOR
That’s calculated at the federal minimum wage of $7.25 an hour. Still hard to get your mind around? How about this: One trillion dollars is enough to hire all 2.8 million residents of the state of Kansas -- men, women and children -- in full-time, minimum-wage jobs for the next 23 years.
$1 Trillion Would Buy:
A YEAR’S SALARY FOR 14.7 MILLION TEACHERS
According to the National Education Association, the average teacher salary in the state of California is about $68,000. The total number of teachers working in the U.S. was estimated at 6.2 million ten years ago, according to the 2000 U.S. Census (the last official estimate). So $1 trillion would pay Golden State salaries to more than twice that number of teachers.
$1 Trillion Would Buy:
THE ANNUAL SALARIES OF ALL 535 MEMBERS OF CONGRESS FOR THE NEXT 10,742 YEARS
The current salary for rank-and-file members of the House of Representatives and the U.S. Senate is $174,000. We’re not even counting the extras paid to congressional leaders.
$1 Trillion Would Buy:
THE STAR POWER OF LEBRON JAMES FOR THE NEXT 50,000 YEARS
A lot of numbers are being thrown around about just how much the basketball superstar will be paid for playing for the Miami Heat. But let’s say it’s just $20 million a year. At that rate, $1 trillion would cover the tab for King James for the next 50 millennia. Heck, King Tut was born less than four millennia ago.
(cotd on link)
$1 Trillion Would Buy:
40,816,326 NEW CARS
The 2010 Volkswagen Jetta TDI wins Kiplinger’s Best in Class honors for cars in the $20,000-to-$25,000 price range. At a sticker price of $24,500 each, $1 trillion would let you drive away with a fleet of Jettas equivalent to 30% of all the cars already on U.S. highways. (The total U.S. car fleet is more than 135 million, according to the U.S. Department of Transportation, excluding trucks and SUVs.)
$1 Trillion Would Buy:
5,574,136 TYPICAL AMERICAN HOMES
According to the National Association of Realtors, the national median price for existing single-family homes in May was $179,400. There are about 80 million detached, single-family homes in the U.S., according to the NAR and the Census Bureau.
$1 Trillion Would Buy:
140 BILLION HOURS OF LABOR
That’s calculated at the federal minimum wage of $7.25 an hour. Still hard to get your mind around? How about this: One trillion dollars is enough to hire all 2.8 million residents of the state of Kansas -- men, women and children -- in full-time, minimum-wage jobs for the next 23 years.
$1 Trillion Would Buy:
A YEAR’S SALARY FOR 14.7 MILLION TEACHERS
According to the National Education Association, the average teacher salary in the state of California is about $68,000. The total number of teachers working in the U.S. was estimated at 6.2 million ten years ago, according to the 2000 U.S. Census (the last official estimate). So $1 trillion would pay Golden State salaries to more than twice that number of teachers.
$1 Trillion Would Buy:
THE ANNUAL SALARIES OF ALL 535 MEMBERS OF CONGRESS FOR THE NEXT 10,742 YEARS
The current salary for rank-and-file members of the House of Representatives and the U.S. Senate is $174,000. We’re not even counting the extras paid to congressional leaders.
$1 Trillion Would Buy:
THE STAR POWER OF LEBRON JAMES FOR THE NEXT 50,000 YEARS
A lot of numbers are being thrown around about just how much the basketball superstar will be paid for playing for the Miami Heat. But let’s say it’s just $20 million a year. At that rate, $1 trillion would cover the tab for King James for the next 50 millennia. Heck, King Tut was born less than four millennia ago.
(cotd on link)