October 10, 2012

From an email list - an interesting look at One Billion Dollars

This just in over the transom:
JUST WHAT IS A BILLION DOLLARS...???
This is too true to be funny.

The next time you hear a politician use the Word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money.

A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of its releases.

A. A billion seconds ago it was 1959.
B. A billion minutes ago Jesus was alive.
C. A billion hours ago our ancestors were living in the Stone Age.
D. A billion days ago no-one walked on the earth on two feet.
E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it.

While this thought is still fresh in our brain, let's take a look at New Orleans...
It's amazing what you can learn with some simple division.

Louisiana Senator, Mary Landrieu (D) was asking Congress for $250 Billion Dollars to rebuild New Orleans. Interesting number... What does it mean?

A. Well, if you are one of the 484,674 residents of New Orleans (every man, woman and child) You each get $516,528
B. Or... If you have one of the 188,251 homes in New Orleans, your home gets $1,329,787
C. Or... If you are a family of four, your family gets $2,066,012

Washington, D.C. -- HELLO!
My only gripe is that the population of New Orleans has dropped from 484,674 down to 343,829 as of the 2010 Census and still further to 360,740 (from the July 2011 Census Bureau) so that means that the individuals in example A. will get $693,019 of free gubbinment cheese instead of the $516,528 cited. Posted by DaveH at October 10, 2012 7:46 PM
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