Saturday, December 20, 2008

700 billion dollars

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Just to make sure that I was getting my math right I looked up billion. One thousand million.

So if America has 300 million (300,000,000) people then the $700 billion ($700,000,000,000) that Bush and Paulson gave to the irresponsible bankers and wall street jerks, comes out to $2,333 per person.

Taking a family as one man, one woman (appologies to you homosexuals), and one child this would amount to $7,000- per family. That really isn’t THAT much. Proably less than most families owe to Visa and Master Card. And if Obama is going to rapidly spend another $700 billion to jump start the economy, that that would bring the total up to $14,000 per family.

These are fairly big numbers, but they are ones that we can understand and deal with.
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