Money Magazine’s Ross Greenwood gives an intersting insight into the size of the USA debt. He explains it this way…
Think of a pile of US one-dollar bills. Raise your stack of greenbacks to the moon (384,000 kilometers) and bring them back to earth again. Send your pile back to the moon. Now bring it back to earth again. That’s US government debt.
Stack your pile of bills back (232 make one-inch brick) and send it around the world. Once your stack gets back to where it starts, do it again.
In fact, do it another 38 times.
That’s how much $US trillion is.
The message is that killing Osama bin Laden will not pay off US government debt. Several things will: higher inflation, hard work or higher taxation.
The US government – and its people – seem reluctant to embrace two of these three measures.
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