20220908 - Liberty Minute

Politicians talk about billion-dollar spending like pocket change.
I'm Peter Serefine, and this is today's Liberty Minute.
You've probably heard me say that a billion dollars spent by our federal government is $8 per taxpayer.
Let's talk about some other examples of what a billion really is.
A billion seconds ago, it was 1990.
If you played this Liberty Minute on a continuous loop a billion times, it would stop playing in the year 3912.
The government has moved on to spending trillions of dollars at a time. Biden’s recent student loan forgiveness is likely to cost a trillion dollars. Six trillion was spent in the name of Covid.
A trillion is a thousand billions, so $8,000 per taxpayer.
A trillion seconds ago was 29,000 BC.
Remember these examples the next time you hear a politician talk about spending.
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Until tomorrow, si vis Pacem, Para Bellum