The Venmo/Paypal post got me thinking. Just for grins I was wondering what if every working age adult in the US kicked in a dollar a day towards paying down the national debt. Let's just say that's $200 million per day. It would take 500 years to sum to $37 trillion, and that's with no interest.
Just how much is 37 trillion dollars.
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Last: 7 days ago by sloppyjoe
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Detmersdislocatedshoulder
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it is mathematically impossible for us to pay it off it will not happen. the word is slowly coming around to that fact it seems.
Google says:
A stack of $37 trillion in $100 bills would be approximately 25,098 miles tall. This is roughly the circumference of the Earth, which is about 24,901 miles,
A stack of 37 trillion one-dollar bills would be about 2.51 million miles high.
https://www.sbcgold.com/national-debt/
A stack of $37 trillion in $100 bills would be approximately 25,098 miles tall. This is roughly the circumference of the Earth, which is about 24,901 miles,
A stack of 37 trillion one-dollar bills would be about 2.51 million miles high.
https://www.sbcgold.com/national-debt/
That number is laughable and sad and basically the world needs a hard reset
Sharpshooter said:
Username checks out.
You're on a roll.
( ...voice punctuated with a clap of distant thunder... )
A. G. Pennypacker said:
The Venmo/Paypal post got me thinking. Just for grins I was wondering what if every working age adult in the US kicked in a dollar a day towards paying down the national debt. Let's just say that's $200 million per day. It would take 500 years to sum to $37 trillion, and that's with no interest.
It's actually 507 years. That's 250 + years longer than we have been a country. Disgusting.
Detmersdislocatedshoulder said:
it is mathematically impossible for us to pay it off it will not happen. the word is slowly coming around to that fact it seems.
Yep. I have said it for a long time. We will never pay this debt off. It's not possible.
We are either going to have to engineer a war in which we refuse to pay money to a country we are actively fighting, or we are going to arrange some type of forgiveness with the creditors.
Either that or go bankrupt.
But we aren't paying it back.
Detmersdislocatedshoulder said:
it is mathematically impossible for us to pay it off it will not happen. the word is slowly coming around to that fact it seems.
I suspect that the politicians will turn to hyperinflation. If that happens, we need to be elsewhere.
If every working age adult paid a dollar a day towards the national debt the government would spend it on some woke BS
No, I don't care what CNN or MSNBC said this time
Ad Lunam
Ad Lunam
4 said:Detmersdislocatedshoulder said:
it is mathematically impossible for us to pay it off it will not happen. the word is slowly coming around to that fact it seems.
Yep. I have said it for a long time. We will never pay this debt off. It's not possible.
We are either going to have to engineer a war in which we refuse to pay money to a country we are actively fighting, or we are going to arrange some type of forgiveness with the creditors.
Either that or go bankrupt.
But we aren't paying it back.
We could "remonetize" the debt based on $100,000 an ounce gold using a stablecoin (or something similar).
Highly leveraged people would be better off. Savers and people with a lot of cash would be hurt bigly.
A. G. Pennypacker said:
The Venmo/Paypal post got me thinking. Just for grins I was wondering what if every working age adult in the US kicked in a dollar a day towards paying down the national debt. Let's just say that's $200 million per day. It would take 500 years to sum to $37 trillion, and that's with no interest.
Or just tax Elon Musk and make him homeless and we got 0.4 Trillion taken off
We are broke-ass Americans. And fat and lazy too.
No wonder the world laughs at us.
No wonder the world laughs at us.
Seeing as how China caused this BS pandemic, why don't we just forgive all of our loans with them and encourage everyone else to do the same.
infinity ag said:A. G. Pennypacker said:
The Venmo/Paypal post got me thinking. Just for grins I was wondering what if every working age adult in the US kicked in a dollar a day towards paying down the national debt. Let's just say that's $200 million per day. It would take 500 years to sum to $37 trillion, and that's with no interest.
Or just tax Elon Musk and make him homeless and we got 0.4 Trillion taken off
You could liquidate all of America's billionaires and pay for next year's deficit plus a few months of the following year. It doesn't move the needle for the big picture. All the "tax the rich" nonsense from the left is phallic covetousness. It's impossible to tax them enough to make a meaningful difference.
It's not "mathematically impossible" to pay off. Highly unlikely, but certainly not impossible. Economic growth and much higher government receipts is what makes it a theoretical possibility. With enough growth and spending restraint, we could theoretically see a balanced budget in 5 to 10 years. We could then run surpluses to pay off the debt, which would exponentially increase due to ever smaller interest payments. It might take 50-60 years if sustained effort, but it is possible.
But of course, it's a matter of political will and the nation doesn't have it. But it should.
But of course, it's a matter of political will and the nation doesn't have it. But it should.
Put it in this perspective. If you were to be able to count one trillion dollars in one dollar bills, at the rate of one bill per second, it would physically take approximately 31,710 years to count 1 trillion one-dollar bills.
“ How you fellas doin? We about to have us a little screw party in this red Prius over here if you wanna join us.”
I already give the government more than $200 a day and they're still in this mess
LOYAL AG said:infinity ag said:A. G. Pennypacker said:
The Venmo/Paypal post got me thinking. Just for grins I was wondering what if every working age adult in the US kicked in a dollar a day towards paying down the national debt. Let's just say that's $200 million per day. It would take 500 years to sum to $37 trillion, and that's with no interest.
Or just tax Elon Musk and make him homeless and we got 0.4 Trillion taken off
You could liquidate all of America's billionaires and pay for next year's deficit plus a few months of the following year. It doesn't move the needle for the big picture. All the "tax the rich" nonsense from the left is phallic covetousness. It's impossible to tax them enough to make a meaningful difference.
You are right, but still "Tax The Rich" (the insanely rich ones) is what I am still standing by.
They don't need any pity, Uncle Jim and Aunt Martha do.
I propose wealth tax for everyone who has NW of over $100 Million. Pay up.
I'm coming around to the idea that the debt doesnt matter. Money is all fake. Its made up by governments as a convenient way for us to assign and compare the value of things. Every country is in debt to each other so what matters is debt to GDP and how we compare to the rest of the world. It's not the same as household debt where if you cant pay your mortgage you get foreclosed on. It's more like if you can't pay the mortgage you just refinance and take out a larger loan. And you do this every year. And your neighbors all do the same thing.
Or maybe we're all fooked. I choose to believe global financial collapse is not inevitable because it helps me sleep at night. It's not like I can do anything about it anyway.
Or maybe we're all fooked. I choose to believe global financial collapse is not inevitable because it helps me sleep at night. It's not like I can do anything about it anyway.
infinity ag said:LOYAL AG said:infinity ag said:A. G. Pennypacker said:
The Venmo/Paypal post got me thinking. Just for grins I was wondering what if every working age adult in the US kicked in a dollar a day towards paying down the national debt. Let's just say that's $200 million per day. It would take 500 years to sum to $37 trillion, and that's with no interest.
Or just tax Elon Musk and make him homeless and we got 0.4 Trillion taken off
You could liquidate all of America's billionaires and pay for next year's deficit plus a few months of the following year. It doesn't move the needle for the big picture. All the "tax the rich" nonsense from the left is phallic covetousness. It's impossible to tax them enough to make a meaningful difference.
You are right, but still "Tax The Rich" (the insanely rich ones) is what I am still standing by.
They don't need any pity, Uncle Jim and Aunt Martha do.
I propose wealth tax for everyone who has NW of over $100 Million. Pay up.
They already do. This is the dumbest of takes
aggiepanic95 said:
Google says:
A stack of $37 trillion in $100 bills would be approximately 25,098 miles tall. This is roughly the circumference of the Earth, which is about 24,901 miles,
A stack of 37 trillion one-dollar bills would be about 2.51 million miles high.
https://www.sbcgold.com/national-debt/
All the more reason to bring back the $10,000 note or the $100,000 gold certificate. I am not about to start stacking up my money if it is going to be around 25,000 miles high. I don't guess the dumbasses know a guy could have difficulty breathing that far up there.
That would go to the moon and back 5 times
TomFoolery said:
I already give the government more than $200 a day and they're still in this mess
It's truly amazing what a mess our government has gotten us in financially. The OBBB includes minor cuts to Medicaid and the Dems go ballistic that it's going to ruin millions of people's lives. Good luck at trying to get our budget where it need to be.
infinity ag said:LOYAL AG said:infinity ag said:A. G. Pennypacker said:
The Venmo/Paypal post got me thinking. Just for grins I was wondering what if every working age adult in the US kicked in a dollar a day towards paying down the national debt. Let's just say that's $200 million per day. It would take 500 years to sum to $37 trillion, and that's with no interest.
Or just tax Elon Musk and make him homeless and we got 0.4 Trillion taken off
You could liquidate all of America's billionaires and pay for next year's deficit plus a few months of the following year. It doesn't move the needle for the big picture. All the "tax the rich" nonsense from the left is phallic covetousness. It's impossible to tax them enough to make a meaningful difference.
You are right, but still "Tax The Rich" (the insanely rich ones) is what I am still standing by.
They don't need any pity, Uncle Jim and Aunt Martha do.
I propose wealth tax for everyone who has NW of over $100 Million. Pay up.
What a horrifically bad idea. First, poor people don't sign the front of paychecks. Second you could take half of the wealth from the uber rich and you're literally going to guarantee that Jim and Martha have to work longer than they planned before retirement. That wealth is in stocks so if you force them to liquidate material amount of wealth you tank those stocks which tanks Jim and Martha's 401k. I'm sure they'll appreciate your help.
Jim and Martha would be best served by spending cuts because that's going to lead to slowing inflation and lower income tax rates which is what Jim and Martha pay. You can't tax your way to prosperity and government is the worst steward of money there is.
Globally you are the 1% and you are one of the wealthiest people in the history of mankind. Stop coveting the wealth of other people and be grateful for what you have. Envy is a really bad character flaw.
I'm waiting for some Keynesians to come here and tell me this is all okay.
The best way to keep evil men from wielding great power is to not create great power in the first place.
infinity ag said:LOYAL AG said:infinity ag said:A. G. Pennypacker said:
The Venmo/Paypal post got me thinking. Just for grins I was wondering what if every working age adult in the US kicked in a dollar a day towards paying down the national debt. Let's just say that's $200 million per day. It would take 500 years to sum to $37 trillion, and that's with no interest.
Or just tax Elon Musk and make him homeless and we got 0.4 Trillion taken off
You could liquidate all of America's billionaires and pay for next year's deficit plus a few months of the following year. It doesn't move the needle for the big picture. All the "tax the rich" nonsense from the left is phallic covetousness. It's impossible to tax them enough to make a meaningful difference.
You are right, but still "Tax The Rich" (the insanely rich ones) is what I am still standing by.
They don't need any pity, Uncle Jim and Aunt Martha do.
I propose wealth tax for everyone who has NW of over $100 Million. Pay up.
This has to be sarcasm
It's $110k for every person in the country.
Well...
If you had $1.
It's 37,000,000,000,000 times more than that.
Which looks kinda like a lot of zeros. I think that's bad in this context.
If you had $1.
It's 37,000,000,000,000 times more than that.
Which looks kinda like a lot of zeros. I think that's bad in this context.
37 trillion in layman's terms is a **** ton. It's greater than a **** load, **** ton, **** load, ass ton, ass load, butt ton and butt load.
usmcbrooks said:
37 trillion in layman's terms is a **** ton. It's greater than a **** load, **** ton, **** load, ass ton, ass load, butt ton and butt load.
I want to highlight this post as an important contribution to the use of hyperbole in discourse. This is the first time I've seen a hierarchy of expressions when you're trying to explain the magnitude of how big something is.
Well done. Thank you.
Good news is we only make up about10% of world debt.
Global debt, encompassing public and private borrowing, reached a record high of over $324 trillion in the first quarter of 2025. This includes debt held by governments, businesses, and households worldwide. The debt-to-GDP ratio, which indicates a country's ability to service its debt, remains high despite some recent decline.
AI
Global debt, encompassing public and private borrowing, reached a record high of over $324 trillion in the first quarter of 2025. This includes debt held by governments, businesses, and households worldwide. The debt-to-GDP ratio, which indicates a country's ability to service its debt, remains high despite some recent decline.
AI
It's more than I make all year.
LOYAL AG said:usmcbrooks said:
37 trillion in layman's terms is a **** ton. It's greater than a **** load, **** ton, **** load, ass ton, ass load, butt ton and butt load.
I want to highlight this post as an important contribution to the use of hyperbole in discourse. This is the first time I've seen a hierarchy of expressions when you're trying to explain the magnitude of how big something is.
Well done. Thank you.
The only thing bigger is a metric **** ton…
TomFoolery said:
I already give the government more than $200 a day and they're still in this mess
Every fourth year provides an additional hurdle.
( ...voice punctuated with a clap of distant thunder... )
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