We are not out of the woods yet. The stock market began to make tentative steps in the appearance at the end of a bear market; Chrysler and General Motors, are taking steps to become leaner and hopefully more prosperous companies and credit markets is beginning to make tentative steps to become more open in its lending policies.

But while this seemingly good news, the problem is that with the TARP, traps, GM, Chrysler, war, welfare reform and everything else that should be made to the federal budget, the costs spiral out of control.

The federal government will have 1.7 trillion deficit this year because of costs exceeding revenues.

Our national debt is now projected to be about 11 trillion dollars.

Most people have a vague idea about the difference between billions and trillions of dollars. All most people know that it sounds like a lot of money, but nothing that can not be considered.

When I first started college, we worked some problems using “scientific notation”, which is a way to show the numbers when they get too big for the calculator. That $ 1.7 trillion 1,700,000,000,000, or 1.7 x 1012. That is, one point seven times ten to the twelfth power.

To understand a little better, try it, to pay one million dollars you have to pay one dollar per second over the next 12 days.

To pay one billion dollars, he takes one dollar per second over the next 31 years.

For one trillion dollars that it takes one dollar per second for the next 31000 years.

Government will need to control the growth of debt and deficit over the next three years we will all be held responsible for the collapse of our system as we now know. This means being in the mind, to force our elected leaders to take responsibility for their actions and to curb costs.
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