Debt, Insanity, and Birds...
And...
Those two screen shots are from April 11th, 2012 to February 14th, 2013 -- 310 days... By my calculations, that amounts to roughly $3 billion per day,... Given the growth rate of that debt, $4 billion/day sounds ballpark, and for all intents and purposes, we have to apply that to the interest on national debt alone....
How could this happen??? Even Dubya and Obama can't bloat the government that fast... No they couldn't/can't but the exponential growth in the compounding interest on our debt can... When I speak about exponential growth, just think of cell growth in galloping cancer...
It's way too easy to get glassy eyed when it comes to large numbers, and I keep trying to find new ways to impress upon you the magnitude of the situation... Think about this... The Apollo space program that put a man on the moon back in the 1960s cost a total of about $25 billion... that's for all of it... from the beginning launches to the first man on the moon in Apollo 11 to the near disaster of Apollo 13 to the final moon walk of Apollo 17... All of it cost $25 billion dollars in 1960s dollars... That's roughly $25 billion spread over a decade, and that was gaspingly expensive!!! Well, taking into account inflation, what cost $25 billion in the 1960s would cost $180 billion today... Obviously, we can't afford another moon program today... BUT, we whir through $180 billion every 37.5 days just servicing our debt at $4.8 billion per day... That's right... Given past experience as a fiscal reference and re-directing our debt payments to NASA could fund an entire new lunar landing in just over a month. But we can't re-direct those interest payments... And what's more, we're not even able to keep up with them...
Scared yet? Keep in mind that we just suffered through a week of terror caused by an ex-cop who felt licensed to kill because he believed a police force had done him wrong, and before that a looney who held a child hostage for a week in a bunker, and before that a self-absorbed moron who dyed his hair to look like 'the joker' and then shot up a theater, and before that...
Yes, it seems like our government and fellow citizens have lost their collective minds...
Two thoughts... First, things are crazy, but there is magnificent solace -- just watch the birds... Watch the swoop, the gregariousness, the flash, the humor... Secondly... All is not hopeless... We are, after all... after all... We are still Americans...
Trying to get some rest by the feeders,
CapeCodAlan
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