by Kenneth Wegorowski written on 13 June 2019
June 2019 US public debt total official can be viewed
Media outlets of various kinds love to scare everyone into paying
attention to wild claims about the United States debt being $22 trillion
dollars but this is so bogus and such a poor use of energy.
To be exact according to one counter today's debt held by the public is
$16,190,248,759,467.87 plus the debt held by the intergovernment is
$5,835,218,455,854.46 which = a total of $22,025,467,215,322.33.
using this calculation tooling thingy
Oh my! But let's look at this debt over say 30 years like a home loan.
That comes out to a total of $734,182,240,510.7443.
If we figure out what that is monthly for the next 30 years that is
$61,181,853,375.89536. That's 61 billion dollars still EACH MONTH. But
there is about 365 million people in the United States.
Let's say about half of them are adults and can work, the rest are
children. Using 150,000,000 adults we find that each one of them owes a
"public debt" of $407.8790225059691 each, each month.
Considering the average income is around $58,000 per year now, and that
comes to about $4,833.333333333333 in pay each month, the US public debt
per adult in the USA comes to about how much it is to finance a car.
Whoopee. I am supposed to freak out about that? Sorry fear pushers, I
don't buy that hype. People pay 4 to 9 times that monthly to finance a
Various medias love to grab you by your private attention parts so they
can sell you all sorts of stuff, things like refreshing drinks that look
so good as they are seen on the ski slopes of an exotic location as the
model is sipping it on a sailboat in the tropics, things that because of
added carbon blanket raw materials (carbonation) your taste buds are
tricked, the buds don't let you notice how much teeth rotting sugar is
actually in that can of soda pop. Let that thing go flat and try to
drink it. Yuck.
The medias routinely use fear mongering all too often to get you to pay
attention. Public debt is one of these things they use constantly to
scare people and get them to do their bidding, be it vote for a
particular party, or press for a change such as in managing the weather,
a concept that is so absurd it's beyond stupidity, it's pure
No one can actually believe that we can control the climate without
having lost logical sense or merely lack a few items of knowledge, as we
are surrounded by a blanket of universe that is at a constant 456
degrees below frigid zero. There is no blanket anywhere in any galaxy
that is made of hot air that can keep the Earth that warm that it causes
the calamities these fear mongers are claiming.
The fun thing in looking at all these climate doom claims is that they
all propose allocating more money to "fix things". Money is energy. The
more of it you make the more energy used.
Let that sink in for a bit.
There is no threat of climate doom nor of debt doom.
Now go play instead of watching these people grab you inappropriately on