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2009 federal deficit surges to $1.42 trillion

Discussion in 'Shooting Related Threads' started by ralph barnes, Oct 16, 2009.

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  1. ralph barnes

    ralph barnes TS Member

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    What is $1.42 trillion? It's more than the total national debt for the first 200 years of the Republic, more than the entire economy of India, almost as much as Canada's, and more than $4,700 for every man, woman and child in the United States.
    How am I going to explain this to my grandkids?
     
  2. Pocatello

    Pocatello Active Member

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    There are about 400 pellets in a shotgun shell loaded with one ounce of #8, and slightly fewer than that in 1 1/8 of #7.5. I have the 2008 ATA average book on the shelf, and it says there were 76,237,200 targets registered of all types in 2008, regular and league. If we figure on average 400 pellets in each shell shot at those targets, and those pellets cost $1 EACH, it would take a little over 46.5 years to shoot up $1.4 trillion. Think about it - that's 46.5 years of all ATA shooting across the country at $10000 per box of shells!
     
  3. Paladin

    Paladin Well-Known Member

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    "Just the facts on the Fiscal Year End: The 2009 fiscal year for the federal government ended 2 days ago. The deficit through the first 11 months was $1.4 trillion, 43 cents of every dollar spent was borrowed, and the national debt is now $11.77 trillion which is a 35% increase since Democrats took control of Congress in 2006. More debt has been accumulated in those 33 months than in the entire period of the nation's history from 1789 to 1989. You can draw your own conclusions, they are pretty obvious. This is unsustainable." John Campbell, Congressman - California
     
  4. RickN

    RickN Well-Known Member

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  5. cubancigar2000

    cubancigar2000 Well-Known Member

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    It is all GW's fault
     
  6. slic lee

    slic lee Active Member

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    Your right,it's Bush's fault, so they said today, the figures for the 3rd quarter are in and the amount of tax money brought in has fallen by 36 billion.
    That proves to every economic standard that increasing taxes decreases spending and stops the economy except to the Demonocrates whose answer is to take money from where ever thay want,for example yesterday they took 2.6 billion from defense money that was to be spent on ammunition for the troops and apply it to a ,your not going to belive this, a tax credit for people who have pets.
     
  7. Uncle Sam

    Uncle Sam Member

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    1.4 Trillion...Hmmmm....almost as much as I spent on shooting trap last year.........Uncle Sam, Pa.
     
  8. BrowningPotato

    BrowningPotato TS Member

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    How do you even fix this? I mean this is uncharted ground, sounds like we need to get the spendocrats out of office then roll up our sleeves. May be in for some hard times coming up. Is tehre a peaceful way out of this?
     
  9. halfmile

    halfmile Well-Known Member

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    A trillion seconds ago Jesus walked on the earth.

    Does that put it in perspective?

    Get ready for worthless money. the new Peso wiill have Washington's picture on it.

    HM
     
  10. H82MIS

    H82MIS TS Member

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    $1,420,000,000,000 is that right???????
     
  11. hreinke

    hreinke TS Member

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    How much was the price of shot?
     
  12. Pocatello

    Pocatello Active Member

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    Halfmile, your arithmetic is way off. One trillion seconds is nearly 32,000 years! There are 3600 seconds per hour, 24 hours per day, 365.25 days per year. Divide 1,000,000,000,000 by 3600, then 24, then 365.25 and get 31688.0878 ...
     
  13. Uncle Sam

    Uncle Sam Member

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    The democrats absolutely crucified Bush for a 445 billion dollar deficit. Beat him up bad. Soooooo.....they almost QUADRUPLE it...to over a Trillion and thats perfectly okay !!! Aye yi yi !!!!!.......Uncle Sam, Pa.
     
  14. grunt

    grunt TS Supporters TS Supporters

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    Check out this site. Man were in trouble.
     
  15. hreinke

    hreinke TS Member

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    bush also had about a trillion dollars in supplamental budgets for the war in Iraq that wasn't included in the national budget sooooooooo who had the biggest deficit????????????? Fuzzy math from the dimestic torrorist channel.FOX NO NEWS
     
  16. Paladin

    Paladin Well-Known Member

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    421,


    Your problem, is that you don't know anything. You just blindly post the first idiotic figure you happen to read on liberalidiotsdotcom. Speaking of "fuzzy math" and "dimestic" if you can't post anything accurate, stop posting.


    "about a trillion dollars in supplemental budgets for the war in Iraq"


    In Iraq ALONE??


    Get a life 421, and stop posting idiotic lies.



    "The use of supplemental budgeting in general has grown exponentially in the last decade. In a January 2008 report, the Government Accountability Office reported that from fiscal year 1997 through fiscal year 2006, supplementals provided approximately $612 billion in new gross budget authority, a five-fold increase over the previous 10-year period. About 50% of total supplemental funding from 1997 to 2006 went to defense-related emergencies, whereas natural disasters received 28%, antiterrorism and other post-9/11 activities received 16%, and international humanitarian assistance received only 3%."
     
  17. Paladin

    Paladin Well-Known Member

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    Here 421,,read this 10 times, then read it again. Maybe you will learn something. And this is not hussein Chicago style "fuzzy math". Period...


    "Just the facts on the Fiscal Year End: The 2009 fiscal year for the federal government ended 2 days ago. The deficit through the first 11 months was $1.4 trillion, 43 cents of every dollar spent was borrowed, and the national debt is now $11.77 trillion which is a 35% increase since Democrats took control of Congress in 2006. More debt has been accumulated in those 33 months than in the entire period of the nation's history from 1789 to 1989. You can draw your own conclusions, they are pretty obvious. This is unsustainable." John Campbell, Congressman - California
     
  18. Paladin

    Paladin Well-Known Member

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    There is more, 421. From the Associated Press, yesterday;


    "The Congressional Budget Office projects that the nation's dept held by investors both at home and abroad will increase by $9.1 trillion over the next decade, pushing the total deficit to $17.1 trillion under Obama's spending plans."


    If it sounds like Marx,,,,and acts like Stalin,,,it's probably Obama...


    Obama lied, capitalism died...
     
  19. halfmile

    halfmile Well-Known Member

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    pocatello, correct. I don't know where I got that. so a Trillion is way more even than I thought.

    The population of California is about 34 million. One trillion people would equal 29,500 Californias.

    Texas is roughly 270,000 square miles. One trillion square miles would equal 3.7 million Texas size states.

    One trillion square miles is, in fact, about 20 Earths, since we have 50 billion square miles of land above sea level.

    If you travel around the world at the equator 40 million times, you would travel one trillion miles.

    One trillion dollar bills laid end-to-end would stretch from the earth to the sun … and back … with a lot of miles to spare.

    The budget for the entire state of New York is $121 billion. With one trillion dollars, you could run 8 states the size of New York.

    Roughly 500,000 gallons fall over both sides of Niagara Falls each second. One trillion gallons would equal the amount of water that falls in a little over three weeks.

    With one trillion dollars, you could buy 50 aircraft carriers such as the USS Ronald Reagan and outfit each of them with 45 of the newest fighter jet, the F-22 Raptor.

    The US Department of State has a budget of only $36 billion. We could run the State Department until 2037 with one trillion dollars.

    Ever dream about space travel? You could build 500 personal space shuttles for one trillion dollars.

    Speaking of the shuttle, it costs $450 million to launch it. For one trillion dollars we could launch the shuttle over 2,200 times.

    Excluding the cost of the current wars in Iraq and Afghanistan, we could run the entire Defense Department (most of which is pensions, btw) for 2 years with one trillion dollars.

    The average annual premium that a health insurer charges an employer for a health plan covering a family of four is $12,700. For one trillion dollars, you could cover 78 million people with health insurance for one year.

    For one trillion dollars, we could cover the estimated 46 million people without health insurance in the United States for almost 3 years.

    One trillion dollars today would allow you buy Coca Cola, Apple, IBM, Bank of America, Ford, General Motors, Toyota, Motorola, AT&T, as well as Exxon Mobil and STILL have enough left over to live comfortably on just the interest from the billions left over– not to mention the profits these companies generate.

    That ought to make your head spin. And these bastards toss that number around like it was popcorn.

    I have to say our financial system is going to be toast.

    HM
     
  20. ralph barnes

    ralph barnes TS Member

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    WoW...got my head to spin....or was it to spend.
     
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