How Much is a Quadrillion, and Why Should You Care?

April 14, 2009

by John Young

As a scientist and engineer, I’m one of a relatively small percentage of the population that regularly works with numbers of this magnitude. When I heard that the Obama administration’s latest budgets could leave us indebted to the tune of 1.25 QUADRILLION dollars, I knew two things. First, I knew this was very very very bad news. Second, I knew that the number was so incomprehensible as to be practically unreal to most folks.

I’d like to make this number somewhat comprehensible in concrete terms.

Across the country, given the so-called “housing crisis,” the average price of a single family home is $204,000. Obviously, it is more in some places and less in others; but that’s the average. There are currently 6.7 billion people on the planet if you count even newborn babies.  1.25 quadrillion dollars is enough to give every single person, including the infants, their own America-style single-family home.

In the United States, there are 53 million students enrolled in public schools from grades K-12.  With 1.25 quadrillion dollars, we could write each of them a check for $23,000,000. With that much money, deposited and earning only 5% interest, each of these students could individually employ 10 teachers each earning $100,000/year in perpetuity. When they are done their K-12 schooling, they could all go to Harvard, stay at the Ritz while attending, buy a brand-new Mercedes every month and still have plenty of spending money without ever touching their principle.

There are roughly 306 million people in the United States if you count illegal aliens and their offspring. With 1.25 quadrillion dollars, we could write every person a check for over 4 million dollars. Since everyone would be a multi-millionaire; there would no longer be issues related to poverty, education, welfare or most forms of criminality.

The thickness of a $100 Federal Reserve Note .0043″.  1.25 quadrillion dollars composed of compressed and stacked $100 bills  would be 848,327 miles high. To put that in perspective, the moon’s average distance from the earth is only 250,000 miles. The circumference of the earth is roughtly 24,000 miles, so that’s enough $100 bills to circle the earth 10 times. And, remember — that’s not laid end-to-end, but tightly stacked one on top of the other.

If we were to use ordinary $1 bills, the stack would reach from here to Venus three times.

On an astronomical scale, 1.25 quadrillion miles is approximately how far light from a star would travel in 212 years.  To put that into perspective, it only takes light about 4.5 years to reach our nearest stellar neighbor, alpha centuri.

In other words, 1.25 quadrillion dollars is a truly staggering amount of money.

Unfortunately, while I’ve been describing what one could do with that much money as an asset — all of that money is going to be a DEBT. And as a debt, it will take away from our future generations — with interest — everything and more that it could have provided as an asset.

So instead of giving America’s people a check for $4 million; it will be $4 million plus interest extracted from them during their working lifetimes.

A little bit more math should let you see how untenable this is.

The average person works at a primary occupation for 40 years. Usually, wages start low, rise slowly for 10 years, stay at a plateau for about 20 years (called the peak earning years) and then slowly fall  for the last 10 years until retirement.

The Median Wage for Nuclear Engineers in the United States, according to the Bureau of Labor Statistics, is $90,000/year. Assuming that a miraculous engineer earned this much money for all 40 years of his work history, his total lifetime income would be $3.6 million dollars; though, in reality, it would likely be closer to $2.5 million.

Well — if you subtract the $4 million that he owed in taxes from his $3.6 million in earnings; that would leave him having to pay more than he earned. He’d have nothing left over from which he could pay rent, get back and forth to work, put clothes on his back and food on his table. In other words, for all practical purposes he would be unable to survive.

So it is impossible to collect enough taxes to repay that debt; even if every person in America earned $90,000/year.

This is the legacy that Obamunism and the “buy now/pay later” nitwits in Congress are leaving for our children.

But YOU have the power to change that. The only question is whether or not you have the WILL. If you don’t, a $1.25 quadrillion national debt will destroy our civilization. And that is why you should care about what a number that large means.

Entry Filed under: Economics. .

3 Comments Add your own

  • 1. cmb  |  April 15, 2009 at 7:06 pm

    No source whatsoever for the 1.25 quadrillion figure? lol Odd behavior for a scientist and engineer.

    John Young responds:
    Normally I don’t approve comments that display the sheer stupidity of the commentator. What I have written is commentary, not an academic paper. If you want to see the material that includes lots of citations, check out my Podcasts which average 20-30 per. Of course, slogging through one of those would require a pretty hefty attention span. Even better, order a copy of Letters From Lepanto from our web store at westernvoices.com.

    But, meanwhile, any IDIOT capable of using a search engine is capable of verifying the quadrillion figure. Since you are obviously attending a modern college and probably incapable of such dramatic feats as using Google, I’ll do it for you.

    http://english.pravda.ru/world/americas/10-10-2008/106546-US_national_debt-0
    http://www.worldnetdaily.com/index.php?pageId=88903

    etc. etc. etc. You’ll also find it on the Glen Beck show where he breaks it down so even modern college students can grasp 1.25 quadrillion as factual.

    Fire up google, my son — then read it and weep. There’s hope for you yet.

    Reply
  • 2. Nordic Reb  |  June 22, 2009 at 1:53 am

    There, there, Mr. Young, don’t rise to the bait like that. Be patient with the ignorant and softly sarcastic with the provocateurs. The latter drives them nuts *smile*. Also, keep up the good work.

    Reply
  • 3. Cathy  |  July 15, 2009 at 11:31 pm

    Great job breaking that number down into something I could wrap my mind around (albeit with horror). I think you’re right that most of us just don’t comprehend the enormity of 1.25 quadrillion without attaching it to something more concrete.

    I’m a Republican and not at all keen on the recent government spending, but the Devil’s advocate in me has to ask: is the full 1.25 quadrillion all on Obama’s shoulders?

    Don’t get me wrong. It’s not that I think he should be adding ever-increasing amounts to the national debt, just that it seem unfair to describe that debt as something that appeared only when he stepped into the Oval Office.

    John Young responds:

    Hi Cathy!

    You are correct that many who came before Obama, and not just Presidents, but legislators as well, have ultimately contributed to this number. But the bottom line is that the CURRENT holders of office are responsible for deciding whether to continue down the road to oblivion, or change course.

    Reply

Leave a Comment

Required

Required, hidden

Some HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <pre> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Trackback this post  |  Subscribe to the comments via RSS Feed


Calendar

April 2009
M T W T F S S
« Mar   Jun »
 12345
6789101112
13141516171819
20212223242526
27282930  

Most Recent Posts