How big is $1 trillion, really?
Size of Obama ‘stimulus’ almost beyond comprehension
Posted: January 31, 2009
12:00 am Eastern © 2009 WorldNetDaily
NEW YORK – The Obama administration is the first government in human history to propose going $1 trillion in debt for any reason, let alone on the premise that borrowing and spending that amount would be a solution rather than another problem.
To answer the question of how big a problem borrowing $1 trillion will be, we decided to examine just how large 1 trillion actually is.
- One trillion is the number “1” followed by 12 zeroes, as in: 1,000,000,000,000.
- One trillion seconds of ordinary clock time = 31,546 years.
- So, spending at $1 a second, it would take 31,546 years to spend $1 trillion.
- If someone were to build city blocks that contained 10 homes valued at $100,000 per home, you would end up with 10 houses to a block, 10 blocks to a mile and a hundred blocks per square mile. It would take 10,000 square miles to reach $1 trillion in value. This would be than larger than six U.S. states: Vermont, 9,615 square miles; New Hampshire, 9,351 square miles; New Jersey, 8,722 square miles; Connecticut, 5,544 square miles; Delaware, 1,954 square miles; and Rhode Island, 1,545 square miles.
- Craig Smith, founder and CEO of Swiss America, estimates it would take approximately four generations of Americans to pay off the interest of the U.S. Treasury bonds sold as debt to fund the $1 trillion stimulus package, factoring in a 3-percent growth rate in the economy throughout that time.