Can someone put the 8.1 TRILLION national debt into perspective for me?

Answer 1

I can sure try!

Here's one easy way:

"If you stacked $8 trillion worth of dollar bills, one on top of the other, how tall would the pile reach? . . . [Answer:] You could stack dollar bills all the way to the moon, and then all the way back, and still not have used eight trillion of them."

Or... for computer geeks:

"If one bit of memory represented one dollar of debt, then we could put our entire national debt onto a tiny wafer four millimeters on a side."

One this you need to REALLY know:

National DEBT and Neational DEFICIT are two different things:

"The national debt can be thought of as the accumulated debt the government owes from all those years of borrowing money to pay off the annual deficits. It is the total off all money owed to individuals, corporations, state or local governments, foreign governments, and other entities outside of the United States Government. The national debt is also often called the public debt, because most of the money is owed to the public. "

And, for educational purposes:
DEBT is cause it is BORROWED from someone/somewhere else. To date, it is divided this way:
~ U.S. Public OWNS $2,785 Billion of that debt.
~ U.S. government OWNS $3,499 Billion of that debt.
~ The remaining $2,087 Billion is owned by foreigners.

And... in a side note:
In July, 1900, our (U.S.) national debt was at a spanking $2,136,961,091.67.

Answer 2

How approximately this: Obama is a million.a million trillion money faraway from matching Bush's spending in his entire 8 years. yet by way of fact Obama is a Dem & black its hastily pleased with the left, mmmmmmmm

Answer 3

The biggest item of Federal Budget is interest on the debt. Look at that and see were most taxes you pay the rest of your life will be going.

Answer 4

A lot of that is in savings bonds people buy, and t-notes, and the government pays them interest.

Answer 5

Yes a trillion is not what it used to be.

Answer 6

It means the Republicans have screwed up so much most of us can't really comprehend the numbers.