Millions, Billions, Trillions in Perspective - A Study in Time * PITD
#Millions, Billions, #Trillions in Perspective - A Study in Time * PITD
Thinking through ways to express the concept of 1-in-a-million using time. Using 1 second as a base. (Million) 1,000,000 seconds Equals 11 Days 14 Hours So A random 1 second out of 11Days 14 Hours worth of Seconds. Now on to a Trillion "“ 1,000,000,000,000 1,000,000,000,000 Seconds Equal 31,710 Years
Then If 1 Second Equals 1000 Dollars, 1,000,000,000,000 Divided by 1000 Equals (Billion) 1,000,000,000 So, 1,000,000,000 Seconds Equals 31 Years 9 Months If 1,000,000,000,000 Divided by (Million) 1,000,000 Equals (Million) 1,000,000 1Second Equals 1,000,000 Dollars and 1,000,000 Seconds Equals 11 Days 14 Hours
So for every 1 Second Of the 11 Days 14 Hours Stacks up 1 million dollars.
Now that we have the basics, how many years is 2 Trillion Seconds? 5 Trillion Seconds? Or the national Deficit, 19 Trillion? And beyond"¦
#PatriotInTheDark
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Founders of the United States wanted to establish a country that could endure for generations, and they understood that massive debt would endanger their project. They knew that managing public finances to force government to live within its means was the prudent thing to do. They understood that it would sometimes be necessary for the country to run a deficit"”for example, during times of war"”and that this would lead to debt. They had recently come through their own revolution successfully in large part because they were willing to borrow heavily to pay their bills. Still, the Founders generally disapproved of debt and believed that the amount the country owed should be limited. Warnings About Excessive Debt "There is not a more important and fundamental principle in legislation," James Madison said in a 1790 speech, "than that the ways and means ought always to face the public engagements; that our appropriations should ever go hand in hand with our promises."[5] ** Getting the History Right As George Washington warned lawmakers in 1793, "No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable."[9] As the country approaches, and smashes through, the debt ceiling once again, it would be wise to take Washington's words to heart. Rather than borrowing trillions more, the United States needs to begin paying down some debt before the burden becomes crushing. https://www.heritage.org/polit....ical-process/report/