LordLigonier
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    • LordLigonier

      When I’m out of money I don’t ask the bank to increase my credit line.
      I’d be laughed out of there if I tried that.
      Yet, that’s what we keep doing as a country.
      As a result the dollars that we hold are worth less and less, a hidden tax.
      Here’s a shocking fact… National Debt Stacked in Dollar Bills Would Stretch from Earth to Moon Five Times
      By Gregory Gwyn-Williams, Jr. July 26, 2013 The U.S. national debt would reach 1.1 million miles into space if stacked in one dollar bills. According to the latest available data from the U.S. Treasury, the total public debt outstanding is $16,738,105,803,858.21. A dollar bill is .0043 inches in thickness. $16,738,105,803,858.21 multiplied by .0043 equals 71,973,854,956.59 inches. 71,973,854,956.59 divided by 12 is 5,997,821,246.38 feet. A mile is 5,280 feet in length. Thus, the national debt would stretch 1,135,951 miles into the air. To give this length more perspective, the national debt could circle the Earth at the Equator 45.6 times. It would also stretch nearly five times the distance of the Moon from the Earth (238,855 miles).