How Big Is the U.S. Debt? | LearnLiberty
How far in debt is the U.S. government? Let's put the numbers in perspective. This is the economy of Germany. The entire economic output of this country is about $3 trillion a year. This is the amount of money that the government has borrowed from the Social Security and Medicare trust funds, about $4 trillion.
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Not correct?
Where shall we get the money to pay our debts....
Lets look at the following list of departments, NONE of which are authorized by the Constitution as a function of government:
Where shall we get the money to pay our debts....
Lets look at the following list of departments, NONE of which are authorized by the Constitution as a function of government:
The Department of Labor, which does no actual labor, has spent $102,157,000,000 this fiscal year; as of June 2011
The Dept of Education, which educates nobody: 46,058,000,000
The Dept of Energy, which produces no energy: 25,766,000,000
The Dept of Housing & Urban Development; which build our fine urban slums: 46,149,000,000
The Dept of Justice, which produces no justice: 23,084,000,000
The Dept of the Interior, which does...? What?: 9,862,000,000
The Dept of Transportation, which subsidizes Amtrack: 54,766,000,000
The International Assistance Program, which apparently mostly assists warlords and terrorists: 15,876,000,000
NASA, which seems to be pretty much out of a job now: 13,034,000,000
The National Science Foundation, which doesn't seem to produce any actual science: 5,037,000,000
Let's see....
102,157,000,000
46,058,000,000
25,766,000,000
46,149,000,000
23,084,000,000
9,862,000,000
54,766,000,000
15,876,000,000
13,034,000,000
5,037,000,000
============
341,789,000,000
There ya go! Problem Solved!
P.S. This also does not take into account the massive golden parachute benefits either! I bet with those numbers we could double my bottom line number at the least!