Friday, October 5, 2012

Obama Administration / Interesting Facts

Are you having a little trouble figuring out just how much America's DEFICIT really is? I'm not the brightest bulb but conceptualizing billions and trillions staggers my mind. So I looked up a few facts to help me:

TIME

  • (MILLION)   1,000,000 seconds is 12 days
  • (BILLION)    1,000,000,000 seconds is more than 31 years.
  • (TRILLION)  1,000,000,000,000 seconds is 31,688 years.
DOLLARS
  • America goes more than (TRILLION) $1,000,000,000 in debt every year.
  • The Federal Government's total yearly budget is (TRILLIONS) $3,700,000,000 per year.
  • So, close to 1/3 of our TOTAL spending per year is borrowed.
A COUPLE OF FACTS
  • If the federal government taxed every corporation in America and confiscated every single asset of the super-wealthy (Warren Buffet, Bill Gates, etc.) it still wouldn't even come close to balancing the budget.
  • Of the more than $1,000,000,000 borrowed last year ABOUT HALF was created out of thin air by the Federal Reserve.

EXECUTIVE ORDERS ISSUED…

Teddy Roosevelt 3
Others to FDR NONE
FDR 11 in 16 years
Truman 5 in 7 years
Ike 2 in 8 years
Kennedy 4 in 3 years
LBJ 4 in 5 years
Nixon 1 in 6years
Ford 3 in 2 years
Carter 3 in 4 years
Reagan 5 in 8 years
Bush 3 in 4 years
  Clinton 15 in 8 years
George W. Bush 62 in 8 years 
Obama 923 in 3 1/2 years! ***

*** This 923 figure is wrong. It should be 400+

Dixon

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