If we’re going to hand money out, let’s REALLY hand some money out!

Howard Gleckman, for Forbes Media, says, “Congress is about to pass [actually has already passed] another coronavirus relief bill, adding another $500 billion to the more than $2 trillion it already spent to support business and individuals in the midst of the pandemic. And it likely will approve trillions more in future stimulus in the coming months.”

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And spending money “to support business and individuals” is just a portion of the spending.  There is quite a bit of spending in these “relief” bills that goes to the states and to a whole collection of non-covid related entities just looking for a hand-out.

And what do WE get from all of this spending?  WE get like $1,200…, if we’re lucky.  Many of us will get ZERO because we’re so wealthy or don’t qualify somehow.  Ha!

So, WE may get a measly $1,200 while these other governmental charities get millions and billions of dollars thrown at them.

Our representatives in Washington are already starting to argue over where the next round of trillions of dollars in “relief” spending will go.

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Allow me to offer a suggestion.

JUST GIVE THE PEOPLE SOME RELIEF!

If you’re going to waste OUR money…, “waste it on us!

In your own words Pelosi, quit throwing all of us “crumbs!”

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I’m pretty sure we would do a better job of spending our money than the government does.

Let’s amend that to ABSOLUTELY SURE.

If we gave EVERY adult in the country (209 million people) $25,000, it would cost us 5.225 trillion dollars…, or about what we’ll end up spending anyway in total, anyway.

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If we wanted to get a little crazier, we could give every adult $50,000 at a cost of 10.45 trillion dollars.

And really, what’s another 5 trillion bucks between friends?

No one else seems to be worried about spending money we don’t have.

So, what does a trillion of something look like, anyway?

The United States national debt is currently over 20 trillion dollars. We hear these HUGE numbers thrown around all the time, but does anyone really have a grip on what a BILLION or a TRILLION of anything really looks like?

Just for a refresher on how you get to a Trillion and beyond, recall from grade school the implications of adding three zeros after a “one”.

1 = One

1,000 = One Thousand

1,000,000 = One Million

1,000,000,000 = One Billion

1,000,000,000,000 = One Trillion

1,000,000,000,000,000 = One Quadrillion

1,000,000,000,000,000,000 = One Quintillion

Quadrillions?

Quintillions?

Our national deficit is only in the lower trillions now.

We’ve got a lot of room to grow our debt!

In fact, we’ll never run out of bigger numbers!

That’s just a fact.

The Imagination Station website asks, “OK, so what does a trillion look like?”

The problem with most answers to questions like this is that they try to put it into perspective by relating it to things normal people have no perspective for. For instance, did you know that one trillion dollars would stretch nearly from the earth to the sun?

I don’t know when the last time you traveled from the earth to the sun, but for me this comparison is just as mind-boggling as the concept of a trillion of something.

One Million Pennies

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The Megapenny project uses something a lot more common to most of us, a penny. Most people have a few in their pockets or in a jar and it provides a much better sense of scale. Round up 16 of them, stack them on top of each other into a little pile and it’s one inch tall. Place them side by side in a line and they stretch out one foot.

So much for what’s in your pockets, now break open your piggy banks and gather up one million pennies. One million pennies creates a wall four feet wide, five feet tall and one foot thick.

One Billion Pennies

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Stepping up to a billion, things start to change as we start imagining stacks of pennies the size of a typical school bus. Five school buses to be exact.

Add another three zeros and we begin to enter into the realm of the national debt (in dollars – not pennies). One trillion pennies would create a mind boggling cube with edges nearly as long as a football field.

One Trillion Pennies

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Of course, the final step here is to image twenty (20) of these cubes of pennies. Each penny representing one dollar of the national debt. The physical representation of large numbers is an interesting way to wrap your head around what it means to say something is in the billions or trillions, and beyond.

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So, Congress…, if you’re going to throw all of this “funny money” around…, remember…, it’s not YOUR money, it’s OUR money, and we want some of it back without it having to filter down through your wasteful and misdirected bureaucracy.

 

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GOP slammed by Nobel-Winning Economist, Paul Krugman.

How this guy has any credibility left, or a job for that matter, is beyond me.

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I used to think “Nobel-Winning” actually meant something until Barack Obama and this guy won one.

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“This guy” being “Economist” Paul Krugman…, and I use the term “economist” VERY loosely.

Krugman hasn’t been remotely close to being right about anything he’s said regarding the economy in like forever.

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That’s probably because he’s more interested in spreading desired liberal propaganda economic narratives rather than actually analyzing our real economy.

Lee Moran, of the ever disgusting HuffPost, reports that, “Nobel Prize-winning economist Paul Krugman blasted the GOP [The Grand Old Party, or Republicans] for ‘the most cynical policy reversal of modern times,’ and warned their bold duplicity may help President Donald Trump secure a second term in office.”

Oh…, I can’t wait…, this should be interesting!

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“Fake Newsers” are always more than happy to regurgitate other fake news propaganda…, no matter how hypocritical or idiotic it is.

“In his latest column for The New York Times [Guaranteeing the fakeness of it!], Krugman called out the ‘broader pattern of breathtaking fiscal hypocrisy, in which the G.O.P. went from insisting that federal debt posed an existential threat under Obama to complete indifference to budget deficits under Trump.’”

‘“This 180-degree turn is, as far as I can tell, the most cynical policy reversal of modern times,’ he argued.”

How dare anyone in politics change their mind, right Paul?!

“Krugman predicted ‘this cynicism may win Trump the election’ because ‘what’s driving the U.S. economy now is the very deficit spending Republicans pretended to be horrified by during the Obama years.’”

Ok…, wait…, this is too good!

What Mr. Krugman is saying is President Trump may win re-election because he and the republicans have changed their position on the federal deficit, and they have now chosen to ignore it like the democrats have been doing!

That’s beautiful.

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It’s not fair!  You can’t be irresponsible about the federal deficit…, that’s our job!

In all fairness to President Trump, he didn’t run particularly on reducing the federal deficit, and he never pretended to be overly concerned about it.

And those fiscally conservative republicans are still out there…, they’re just not putting up much of a fight right now.

Being responsible with the nation’s money is just not a winning argument these days.

So, like they say…, “when in Rome, do as the Romans do,” and “if you can’t beat ‘em, join ‘em.”

Being responsible sucks!

Chaaaaarge it!

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I value your feedback and I’d love to hear from you!

If you’re not already “following” me and you liked my blog(s) today, please “click” on the comment icon just to the right of the date at the bottom of this article.  From there you can let me know you “like” my blog, leave a comment or click the white “FOLLOW” button at the bottom of that page, which will keep you up to date on all of my latest posts.

Thank you, MrEricksonRules.

 

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