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Good morning.

US debt now stands at $35.3 trillion. If we were to return to 0% interest and make payments of $1 million per hour, it would take approximately 4,023 years, or until the year 6,047, to bring the debt back down to zero.

Have a great day.

Alan 1y ago 💬 2

A trillion is such a large unit of measure that is incomprehensible to the average person. But, when a trillion is used in the context of more frequently understood units of measure (hours, years, etc) it quickly reveals just how gigantic a trillion is.

Thank you nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa for putting $35.3 trillion of US debt into context for us.

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Discussion

Chad Lupkes 1y ago

I'll always believe it is possible to pay it down and even pay it off. I just know that Congress have absolutely no intention of doing so.

Alan 1y ago

Agreed.

To pay it down would require an increase in taxes collected and a reduction in government spending. Both of these are politically unpopular so what politician is going to put the financial health of the country ahead of their career?