Wednesday, April 13, 2011

To the Highest Bidder


     We all know we're in debt. How much debt? CLICK THIS LINK:(http://www.usdebtclock.org/index.html)

     Now at the time of this post, the debt is around $14 Trillion. That's a literal crap load of money. I can't even imagine that much money being owed or being needed. According to Mother Jones and the Foundation for National Progress that's enough  to buy:

10 years of vaccines for kids in 117 countries
$110 billion
10 years of $10,000 bonuses for all US public school teachers
$318 billion
Sending all 2009 US high school grads to private college
$347 billion
Doubling US spending on HIV/AIDS and cancer research for 20 years
$493 billion
10 years of CO2 offsets for all Americans
$559 billion
Meeting UN anti-poverty goals by 2015
$757 billion
20 years of universal preschool in US
$860 billion
Buying a house for every homeless American
$878 billion
10 years of helping developing countries deal with the effects of climate change
$2 trillion
Buying the world an iPhone 3GS
$2 trillion
10 years of private health insurance for uninsured Americans
$2.2 trillion
Paying off 1/3 of US home mortgages
$3.5 trillion

Total: $14 trillion

So, there. instead of funding all of these, and handing out iphones, we owe that much money. We are literally spending more money than we are making, and because of that we do not have the oppurtunity to invest in what is good for the American people. College students can't pay for classes, Medicaire is being cut, and a lot of people are being screwed over by the people they choose to represent them in Washington DC. I know this article isn't super hilarious, but this is pretty serious. But, I will end on a joke:

"In the 1980's someone thought it would be smart to let people buy things based on credit or 'I'll pay you back later' money."

PUNCH LINE: $14 trillion dollars in US debt.

Chief Political Editor
Emmanuel Delfin

No comments:

Post a Comment