The dangers of trillions of dollars of debt

!±8± The dangers of trillions of dollars of debt

We are not out of the woods yet. The stock market has begun to take measures for the experimental aspect of the end of the bear market, Chrysler and General Motors are steps on the road to a more streamlined and, hopefully, more prosperous and credit markets begin to take steps to attempt a opening up of the credit.

But while this is good news, apparently, the problem is that the TARP, TRAP, GM, Chrysler, the reform of social security and the warthe rest of the federal budget is necessary, the costs out of control.

The federal government has a deficit of 1,700 billion U.S. dollars this year because of spending more than income.

Our national debt is now estimated at about $ 11 billion.

Most people have no idea of the difference between a trillion and a trillion dollars. All most people know is that it sounds like a lot of money, but nothing that can not be addressed.

When Istarted college, we worked some problems with "scientific notation", which show a way to enter numbers, if it is too big for a pocket calculator. Sun $ 1.7 trillion is $ 1,700,000,000,000 or 1.7 x 1012th That is, a point seven times ten to the twelfth power.

To understand a bit 'better, try this for a million dollars is to return would pay a dollar a second for the next 12 days.

For the return of a billion dollars, you take a second to the U.S. dollar for the next 31Years.

A trillion dollars for one U.S. dollar, it takes a second for the next 31 thousand years.

The government needs the growth of debt and the deficit over the next three years for the control or we are all responsible for the collapse of our system as we know it now. This means that forcing by a ghost, our elected politicians to take responsibility for their actions to be taken to get into questions.

They are thinking that there are too many lawyers in Congress and not enoughAccountants, we need more people who understand the calculation of budgets and fewer people who write the offer for lack of legislation for special interests to the left or right.

We're Americans. All of us, whether we look at each point or less. We are citizens of the United States of America. Now is the time for us to go back, to maintain the principles that underpin the country and start our representatives accountable for their actions do, andfind solutions to these problems, rather than up or placing the sidewalk cracks.