Saturday, February 16, 2019

How much is the US Budget? How much is a trillion dollars?


Answer. The 2019 US budget is $4.407 Trillion Dollars
A trillion dollars is a 1 with 12 zeros after it. $1,000,000,000,000.
If you stacked this in $100 dollar bills, they would reach the International Space Station.

The top 20% of US citizens are worth an average of $3 million each
Net worth of all US households in 2017 was $94.7 Trillion

40% of this worth is owned by the top 1% = $37.88 Trillion
Therefore, roughly the top 1%, 400 people, are worth each an average of $34 billion

What if the 1% then paid 40% of the budget? They own 40% of everything.

They would pay $1.8 trillion divided by 400 or $20 billion each. So, their wealth would last less than 2 years.

There is a point here, there isn't enough money to continue spending trillions of dollars a year. The numbers tell the story. Our government continues sidestepping this, pretending money will always be there. The top 1% cannot save us.



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