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Understanding the Crisis

Posted by Meg | Posted in Big Issues, Economy, Global Crisis, Must See, News, Obama, Stimulus Bills, Videos | Posted on 29-04-2009

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Important to understand in preparation for Obama’s press conference. Keep these numbers in mind while you listen to TOTUS, won’t you?

Keep In Mind How BIG One Trillion Is

Posted by Meg | Posted in Big Issues, Democrats, Economy, Obama | Posted on 09-12-2008

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Obama’s been talking lately about a $1 trillion stimulus package. But he’s not the only Democrat who’s been throwing that number around willy-nilly all over the place lately. Therefore I think it would be nice if we could put that number in perspective for those of us who don’t have an inflated sense of excessive spending. For that, I turn to a lovely paragraph put together by Glenn Beck, which a friend of mine was kind enough to forward. Read it, it’s certainly worth it, cause if we don’t keep in mind just how insanely huge $1 trillion dollars really is, apparently our representatives won’t either.

Let me give you a handle on how big $1 trillion is. NASA has a budget. You know the people, they send up space planes and the space station and all the satellites and everything else that NASA does? NASA’s budget is $17 billion. The post office’s budget is $34 billion. The Department of Labor is 10, EPA is 7. Treasury, well, this has got to go up. Can you check on this, Joe? It’s only $12 billion, but they’ve got to be spending a lot more on ink and paper right now. Treasury department is $12 billion. Department of Energy is $24 billion. The Department of Transportation is $12 billion. Justice is $20 billion. Agriculture is $20 billion. Department of Interior is $10 billion. Department of Homeland Security is $120 billion. That’s $286 billion for all of those: NASA, post office, Department of Homeland Security, Department of Labor, EPA, Department of Treasury, Department of Energy, transportation, justice, agriculture, and interior, $286 billion. Obama wants a $1 trillion stimulus package. By the way, if you add in the defense budget, the Department of Defense budget for 2009 is $515 billion. Half a trillion dollars. Add that to all of the other departments I just gave you, that’s $801 billion. You still have $200 billion left before you reach the new Democratic stimulus package of $1 trillion.

That puts it in perspective, doesn’t it? Lastly, let me just add one final thought; with all of the other problems that our federal government has chosen to simply thrown money at, how many of those problems have actually been solved by that course of action? Education? Poverty? Foreign Policy? Anything?