What Will The $3.6 Trillion Obama Budget Buy You?

 

The Obama Administration's budget is $3.6 billion dollars. Let's take a look at what that money will buy you.

  • If you took a single stack of one hundred dollar bills and laid the stack in a long row on the ground starting at the White House, you would pass the Las Vegas Strip.
  • If you laid the one hundred dollar bills end to end they would go around the world 140 times.
  • If you wanted to transport the one hundred dollar bills, you'd better have a really big cargo ship, as it's over 33,000 tons of paper.
  • If you spent $50 every second from the moment Jesus was born until today, you'd still have billions of dollars left over. If you want to visualize it a different way, you could spend about five million dollars a day throughout the entire Christian Era and still have money left over today.
  • If you took your credit card out of your wallet, handed it to the clerk who would swipe it for a $500 purchase, signed the slip and put it and the card in your wallet, then immediately back out again to repeat the action, 24 hours a day, 7 days a week starting today and continuing nonstop for the next 5,000 years, there would still be money left over.
  • If you stacked one dollar bills straight up you'd have a tower that would pass the moon.
  • If you laid the dollar bills end to end you would have a line of money that would stretch from the Earth to the Sun, back to the Earth, back to the Sun, back to the Earth, back to the Sun, back to the Earth and still have lots of money left over.
  • If you put that money into a standard bank Certificate of Deposit at current rates, the interest alone would be 320 million dollars a day.
  • You could launch a space shuttle about 8,000 times.
  • You could feed every man, woman and child on Earth about five hundred McDonald's Happy Meals.
  • You could "buy the world a Coke". Actually you could buy everyone in the world about a thousand Coca Colas.
  • You could buy every man, woman and child in America a platinum, diamond studded Rolex Oyster wrist watch.
  • You could buy every adult male in the USA a new Porsche Cayman.
  • It would take a supersonic jet flying at the speed of sound, unreeling out a roll of dollar bills behind it almost fifty years to go through it all.
  • At current pump prices, you could meet the United States' entire gasoline requirements until the year 2162.
  • You could fully fund the National Cancer Institute until the year 2657.
  • You could employ every unemployed worker in the United States until the year 2048.
  • You could buy 61 million Habitat For Humanity houses. If you housed a family consisting of a mom, dad, two kids and a grandparent in each one, you could house the entire population of the USA and still have empty houses.
  • You could fully pay off the mortgages for 58 million homes facing foreclosure.
  • You could gold plate every square inch of interstate highway in America ten times over.
  • Adjusted for inflation (therefore expressed in today's dollars), you could finance 31 Marshall Plans, 16 USA - USSR Space Races, or 6 Vietnam Wars.
  • You could buy Microsoft 25 times over, or Apple 50 times over. If you wanted to make your own CPUs, you could buy AMD about 2,800 times over. If you wanted some cool electronic devices, why not buy 225 Sony Corporations? And if you were interested in a car company it's enough to buy about 2,600 General Motors. Prefer a car company that's in better financial shape? How about 300 Nissan Motors? Want some nice motorcycles along with your cars? How about 82 Honda Motor Companies? How about buying every team in the National Football League 130 times over? If you really want to have some fun and try to create a black hole that could swallow the Earth, you could really do it in style with your 420 Hadron Colliders.

Yeah. That's a lot of money! That's even more than Oprah earns!

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Comments 13 comments

stevenschenck profile image

stevenschenck 7 years ago from Sacramento California

President Obama has been in office how long?

This debt is to clean up President Bush destroying America for oil interests in the middle east.

George and Dick did all this crap to us through a policy of Borrow and Spend.

Calling this Obama's debt is like blaming the Janitor for the building being dirty when he checks in for work on his first day.

Those that remember history should look at the 1980's - old George Bush did the exact same thing to our country with the savings and loans, remember them, now George Jr has killed our banks.

Where is the outrage against the two traitors. Osama attacked America - but it was George and Dick that killed it for him.


Hal Licino profile image

Hal Licino 7 years ago from Toronto Author

There's no doubt that George W. Bushleague put a bullet in the brain of the US economy, and it's now dying on Obama's operating table. I certainly don't want to blame the new Prez for any of this. But the question does arise WHO IS GONNA PAY FOR ALL THIS??? With the economy shrinking (see today's GDP numbers) at a rate that can only be called collapse, there are only two options:

1) Print money and dilute what little wealth there is left to Weimar Republic / Zimbabwe levels

2) Impoverish Americans for several decades while they try to service the debt (which is now well over ten trillion)

Neither option is palatable.

Dood, we're scrood. :(


eovery profile image

eovery 7 years ago from MIddle of the Boondocks of Iowa

I blame them both! and Clinton before! And you can throw in Pelosi and Reed into the blame, also.

I am still trying to put some realistic terms to this all. Your hub has helped.

Keep on hubbing!


Hal Licino profile image

Hal Licino 7 years ago from Toronto Author

There is no doubt that America's leaders are guilty of myopia at least but that a case could be made for criminal negligence. God help us all!


7 years ago

If you remeber the old Roman Empire, they were like us they had everything going for them, what brought them down was crooked Senetors.


Hal Licino profile image

Hal Licino 7 years ago from Toronto Author

Power corrupts and absolute power corrupts absolutely. It is a rule of human civilization. That may be the main reason why there has never been a successful utopian society.


issues veritas 7 years ago

Hal

The root cause of the economic collapse is the 2 party system.

The Demo Rats and the Republi cants don't work effectively together.

Pelosi and her rats could have countered Bush and his cants but they didn't.

Apparently, it takes two to Tango and two to tangle the economy.

I like the artwork on your hub and the comparisons to show how the size of a trillion in other terms.

A needed comparison would be to show how fast it can be spent by Congress.


Hal Licino profile image

Hal Licino 7 years ago from Toronto Author

I agree with you that I believe at no other time in human history have partisan politics so totally handcuffed and handicapped a nation as in the United States today. This is emphatically not democracy in any way I've ever understood it, it's antagonism for the sake of soundbite scores, and as such it is not just doing a disservice to the American public, but literally devastating it.

How fast can Congress spend $3.6 trillion? I doubt that with healthy ladlings of pork it would last out the month! :(


issues veritas 7 years ago

Hal

So true and it amazing how so few of the people consider it.

Wouldn't it be nice if Congress would publish an account for the $750 billion for the bailout and the $787 billion for the stimulus. The report would indicate that they spent $1.5 trillion and here are the results. Sort of like, we have invested this money into the economy and here are the results.

BTW, do you think that pork barrels are standard units? So that we can translate government money into how many barrels it represents. Then all we need to know is the amount of barrels in the works at any given time.

It is difficult to find the funny side.


Hal Licino profile image

Hal Licino 7 years ago from Toronto Author

It is definitely not funny when you read this:

http://www.bloomberg.com/apps/news?pid=newsarchive...

"The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast “a stigma” on recipients of more than $1.9 trillion of emergency credit from U.S. taxpayers and the assets the central bank is accepting as collateral."

It's a good thing that I'm a Canuck, otherwise, I'd be organizing a march on Washington in a demonstration that would make the Million Man March look like a family picnic. THAT IS ALMOST TWO TRILLION DOLLARS OF TAXPAYERS' MONEY AND THE FED WON'T EVEN TELL YOU WHO IT'S GOING TO????

Seriously, my fellow North Americans... we need to take matters into our own hands here, as these LUNATICS MUST BE STOPPED BEFORE THEY DESTROY US ALL.

This is all definitely not a joke. Not anymore.


Hal Licino profile image

Hal Licino 7 years ago from Toronto Author

You might want to check out the Hub I've just written about this topic:

http://hubpages.com/money/Give-Me-12-667-However--...


earnestshub profile image

earnestshub 7 years ago from Melbourne Australia

I knew this was coming as you did and many others inside and outside America. I really appreciate that you have done the research I was too lazy to do or put on my hub, and have told the whole story.

I fully expected Obama to chuck out the foxes in treasury and tell the banks it is a free market. The rules of a free market are and have always meant that the the banks lose, not the public.

I also hoped Obama would get on with re-installing people in their homes and jobs.

Even from Australia I feel betrayed. The American economy is gone, and I feel the whole world is going with it. The foreign money has been controlled by Threadneedle street (esp petro dollars in the 80s) with Wall st paper poo tipping the pail resulting in a world wide meltdown. These crooks have been up to this since the times of JC. By gearing way past the breaking point to make more profit.

This type of usery has been updated and based on "tomorrows" valuation of real estate and shares. If those who took the risks took the losses that would be a normal outcome for any "open market" business, and I hoped Obama would bankrupt the banks and jail a few bankers and politicians. But no. There would be damage to the squeekiest wheel, (the upper middle class and the rich.) I am disgusted and so are other others. Revolt will be the only way forward.


Hal Licino profile image

Hal Licino 7 years ago from Toronto Author

I could not possibly agree more. It is unfortunate but a NON-VIOLENT, profound, and universal revolt is now called for. Americans have to understand that this is not a partisan political question as it doesn't matter one iota who is voted into office. Both the GOP and Democrats are just as clueless. A totally new democratic paradigm is called for as representative democracy is DEAD. This is not the '30, and the dynamics of this Great Depression II are completely different. WE CANNOT SPEND OUR WAY OUT OF THIS! All we're doing is effectively destroying the prospect of any reasonable recovery for decades to come. WE MUST ACT NOW!

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