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Monday, March 6, 2017

Visualizing The US Debt Ceiling (In $100 Bills)

Visualizing The US Debt Ceiling (In $100 Bills)

 $100 - Most counterfeited money denomination in the world.

Keeps the world moving.

 

Ten Thousand Dollars



$10,000 - Enough for a great vacation or to buy a used car.
Approximately one year of work for the average human on earth.

 

One Million Dollars



$1,000,000 - Not as big of a pile as you thought, huh?
Still, this is 92 years of work for the average human on earth.

 

One Hundred Million Dollars



$100,000,000 - Plenty to go around for everyone.
Fits nicely on an ISO / Military standard sized pallet.
The couch is made from $46.7 million of crispy $100 bills.

$100 Million Dollars = 1 year of work for 3500 average Americans



Here are 2000 people standing shoulder to shoulder, looking for a job.
The Federal Reserve's mandate is to maintain price stability and low unemployment.
The Federal Reserve prints money based on the assumption that increasing money supply will boost jobs.

One Billion Dollars



$1,000,000,000 - You will need some help when robbing the bank.
Interesting fact: $1 million dollars weighs 10kg exactly.
You are looking at 10 tons of money on those pallets.

One Trillion Dollars



$1,000,000,000,000
The 2011 US federal deficit was $1.412 Trillion - 41% more than you see here.
If you spent $1 million a day since Jesus was born, you would have not spent $1 trillion by now...
but ~$700 billion- same amount the banks got during bailout.

One Trillion Dollars



Comparison of $1,000,000,000,000 dollars to a standard sized American Football field.
Say hello to the Boeing 747-400 transcontinental airliner that's hiding in the back. This was until recently the biggest passenger plane in the world.
You can see the White House with both wings to the right.
"My reading of history convinces me that most bad government results from too much government." - Thomas Jefferson

US Debt Ceiling - $20+ Trillion in 2017



Statue of Liberty seems rather worried as United States national debt is soon to pass 20% of the entire world's combined economy (GDP / Gross Domestic Product).
Here are some cool quotes from cool guys in the past saying the right things about the future and in a sense predicting today:
“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” - Thomas Jefferson
If the national debt would be laid in a single line of $1 bills, it would stretch from Earth, past Uranus.

122.1 Trillion Dollars



$122,100,000,000,000. - US unfunded liabilities by Dec 31, 2012. We have not upgraded the graphics for 2017 because it simply is pointless. The US government has no plan for fixing unfunded liabilites. This number is so far out there that it is uncomprehensible to most readers but a few mathematicians.
Above you can see the pillar of cold hard $100 bills that dwarfs the WTC & Empire State Building - both at one point world's tallest buildings. If you look carefully you can see the Statue of Liberty.
The 122.1 Trillion dollar super-skyscraper wall is the amount of money the U.S. Government knows it does not have to fully fund the Medicare, Medicare Prescription Drug Program, Social Security, Military and civil servant pensions. It is the money USA knows it will not have to pay all its bills. If you live in USA this is also your personal credit card bill; you are responsible along with everyone else to pay this back. The citizens of USA created the U.S. Government to serve them, this is what the U.S. Government has done while serving The People. The unfunded liability is calculated on current tax and funding inputs, and future demographic shifts in US Population.

Note: On the above 122.1T image the size of the bases of the money stacks are $10 billion, and 400 stories @ $4 trillion.
"It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world." - Thomas Jefferson

"This is when you need to remember that when a nation's economy collapses, the wealth of the nation doesn't disappear, it only changes hands."
Government Waste: Missing Money Infographic does a great job showcasing the Trillions lost through miss-management.

Everyone needs to see this...

5 comments:

  1. If you don't think the national debt ceiling is problem, think again.

    Our country is in terrible financial condition, our state is in terrible financial condition (see : AND NUMBER 49 IS , and our town is in terrible financial condition.

    I don't foresee any bailout coming to Templeton soon. Templeton must be able to pay its debts.

    Templeton is currently carrying too much debt to qualify for Guaranteed Obligation Bonds(MFOB) backed by the Commonwealth of Massachusetts to pay for the elementary school project.

    Templeton needs to have the audits completed; the management report published and analyzed ; as well as formulate a plan for dealing with its financial problems. Once Templeton has cycled through a few years of good finical management, then and only then can it contemplate thinking about large capital projects like an elementary school.


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  2. So to use the pictures above it looks like Templeton is borrowing a Sofa for the Elementary School that equals 1750 peoples salary for 1 year. Or about 50% of Templeton working Populations salary for 1 yr. Oh, sorry thats not right because we'll have 35 peoples salary paying for 2013...... and _ _ paying for 2014 and _ _ paying for 2015 and _ _ paying for 2016 and............. Sorry, only 3 people with a salary left, left town!

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  3. Yes but we still want our school, no matter what. waa waa waa.

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    1. This is no joke ! I spoke to a young couple that live up the road from me. They have three little girls. I should say three beautiful girls. The mother was very upset, telling me that Baldwinville Elementary is falling down around them. I told her I was sorry that no one had done anything to make things better over there, but I am afraid the plan was to make things as bad as they could, so "they" should get a new school. I am not sure she understands what not having a bond rating, money in stabilization or the lack of savings, means to the town ! I left very down hearted ! How can smart people not understand what is in front of their face ? Have we been talking to a wall ? Has Diane failed her peeps by not being honest with them ? I do think these people believe that having the audits done, means they will get a new school ? God only knows what they will show, but I am preparing for the worst, and hoping for the best. Bev.

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    2. I saw a article about Hank Mason, when he was elected to the School Committee, in the paper last week. Now if I was a lot younger, and had kids in the elementary schools, I would more than likely be upset about the condition of our schools. Who should these people be upset with ? I think it would be the members of the School Committee. Have I ever seen any of these people at a selectmen's meeting ? Do these people have a connection to what is going on in the rest of the town ? Judging from their actions in the past, I would say no ! Their lack of understanding of how much revenue the town can actually raise to pay for running the town, and what the town can hand over to run the schools, leaves me with the belief that there is a huge disconnect that needs to be corrected. Before you say I am wrong, think about when the Superintend used the nuclear method to get her way at Town Meeting. So if people want to be angry, be angry with the people who put the school on the ballot in the first place, with the Town in the financial mess it is in, that should never have been done. That is my opinion. Bev.

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