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Original: 2/27/2009 12:25 AM
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Friday, February 27, 2009

What is a trillion?

 

If you had gone into business on the day Jesus was born, and your business lost a million dollars a day, day in and day out, 365 days a year, it would have taken you until October 2737 to lose a trillion dollars.

 

----STATISTICS----

It now takes more than all of the income taxes collected just to pay the 'debt service' (interest) on the national debt, and it is estimated that, at the present rate of national debt increase, it will have grown to 18.28 trillion dollars by the year 2009.

With a 242% increase in the debt and no more income taxes left to pay the debt service, how do you suppose our children and grandchildren are going repay this enormous debt that every American today is leaving them?

If you ventured a guess that they'd be taxed at about 73%, you would be pretty close.

 Posted 2/27/2009 12:25 AM - 6 Views - 0 eProps - 0 comments

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