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The Water Cooler
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<blockquote data-quote="dru" data-source="post: 1934645" data-attributes="member: 3047"><p>The debt stands near 16.2 trillion. Thats 16,200,000,000,000. This year it is estimated that the presidential race will have about $5.8 billion (5,800,000,000) donated. If we were to spend that amount on our presidential elections each year to reduce our debt AND assuming our debt didn't increase, then it would take 2,793 years just to pay off the debt.</p><p></p><p>But, since a presidential election occurs only once every 4 years, you could argue that our rate of spending on a election is really only about 1.45 billion (1,450,000,000) per year which would mean that it would take us 11,172 years to pay off the debt.</p><p></p><p>ETA source goodness: <a href="http://www.opensecrets.org/news/2012/08/2012-election-will-be-costliest-yet.html" target="_blank">http://www.opensecrets.org/news/2012/08/2012-election-will-be-costliest-yet.html</a></p></blockquote><p></p>
[QUOTE="dru, post: 1934645, member: 3047"] The debt stands near 16.2 trillion. Thats 16,200,000,000,000. This year it is estimated that the presidential race will have about $5.8 billion (5,800,000,000) donated. If we were to spend that amount on our presidential elections each year to reduce our debt AND assuming our debt didn't increase, then it would take 2,793 years just to pay off the debt. But, since a presidential election occurs only once every 4 years, you could argue that our rate of spending on a election is really only about 1.45 billion (1,450,000,000) per year which would mean that it would take us 11,172 years to pay off the debt. ETA source goodness: [url]http://www.opensecrets.org/news/2012/08/2012-election-will-be-costliest-yet.html[/url] [/QUOTE]
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