The national debt going up by $4 trillion this year has been in the news, but what does that mean?
There is no point of reference for a trillion dollars. I guess it's a big number, but I don't know of anyone I have ever run into that has a firm grasp of how big a number it really is...
So think of this as a way of getting your arms around it...
Equate trillions to the 60 seconds that make up a minute:
1000 seconds would equal 17 minutes.
1 million seconds would equal 12 days
1 billion seconds would equal 32 years.
..and...
1 trillion seconds would equal 32,000 years.....
Billion to trillion represents an exponential change and increase....and people don't realize it.
Think on that next time you see the addition of $4 trillion of federal debt this year.
Sincerely,
|