How much is 700 billion?
700 billion dollars is a lot of money its such a big number that I had to look up how many zeros were in that number. $700,000,000,000 in case you were curious. (9 zeros in a billion, 11 in 700 billion).
God that's a lot. So what does this mean to you and me. Mr and Ms. Taxpayer?
This lead me to another question...how many people are in the us? According to the U.S. Bureau of the Census, the resident population of the United States, projected to 10/03/08 at 22:00 GMT (EST+5) is
305,325,555 (Ill round up because I'm giving that way)
700,000,000,000 / 305,325,555 = $2292.64
And we all know it will be more than that because a lot of those included in the population don't pay taxes...like babies, children, persons with part time jobs and are in school (well they pay taxes just not much). Then there are all the adults that would not pay the retired, disabled or otherwise unemployed.
So yeah my contribution will probably be more that $2292.64 but really this extra payment nastiness is really just salt in an open wound. My life savings in my 403b (basically the same thing as a 401k is DOWN 24% (the last time I was brave enough to check). I am fortunately young and fluffy and will be forced to work for the next 40 something years so I figure I can scoop up a bunch of stock that will go eventually and make me a happy girl.
Of course then there are the people like my parents...much bigger nest egg much less time to recoup....must suck to be them.
Now I'm just curious am I going to be getting a bill in the mail? Or is Washington just putting this expense in that little black box call the national debt? Like that will never come to bite us in the ass.
700,000,000,000 / 305,325,555 = $2292.64
And we all know it will be more than that because a lot of those included in the population don't pay taxes...like babies, children, persons with part time jobs and are in school (well they pay taxes just not much). Then there are all the adults that would not pay the retired, disabled or otherwise unemployed.
So yeah my contribution will probably be more that $2292.64 but really this extra payment nastiness is really just salt in an open wound. My life savings in my 403b (basically the same thing as a 401k is DOWN 24% (the last time I was brave enough to check). I am fortunately young and fluffy and will be forced to work for the next 40 something years so I figure I can scoop up a bunch of stock that will go eventually and make me a happy girl.
Of course then there are the people like my parents...much bigger nest egg much less time to recoup....must suck to be them.
Now I'm just curious am I going to be getting a bill in the mail? Or is Washington just putting this expense in that little black box call the national debt? Like that will never come to bite us in the ass.
Labels: Bitching, Moral Outrage, Politics, Thoughts