I am sure over the coming days we will be having plenty of discussions about the stimulus package and whether or not it will help solve our problems. We can debate the need for the package or whether it is effective but the fact remains that we are spending a HUGE amount of money here.
But I thought one number worth posting tonight. If you combine this stimulus package with the bailout package passed earlier then it means over the two bills we have spent…..
$ 1,500,000,000,000
That works out to about $ 5,000 for every man woman and child in the country
It is equal to the entire federal budget for the year 1995, just 14 years ago
It is equal to the entire federal budget for the ENTIRE decade of the 1960’s
1.5 trillion one dollar bills would reach to the moon and back 300 times.
1.5 trillion dollars would stretch from the Earth to the Sun and half way back
And this spending just represents the two bills in question, it does not in any way cover spending on all of the other bills for the rest of the federal government.