As our national debt rapidly approaches 23 trillion dollars nothing is as sobering as looking at the…
As our national debt rapidly approaches 23 trillion dollars nothing is as sobering as looking at the National Debt Clock. At one time a billion dollars was a massive amount of money and it still is. Considering how modern media and politicians throw the "B" word around most people no longer see this as the enormous sum it represents.
Making the ugly math simple so we can understand how it interrelates with our debt is no easy task. Every 1 billion dollars spent by our government represents an outlay of roughly $3 for every person in America. More on this subject in the article below.