The population in the USA is about 300 million people, meaning that every billion dollars the government spends is $3.33 and a trillion is $3,333, for each person.
Since last fall, the government intends to spend an extra $1.6 trillion above and beyond what they already planned to spend. That is an additional $5,328 extra debt for every man, woman and child.
Not everyone will be able to pay their fair share of this debt. If you have a job, you are going to have to chip in for other people’s share as well as pay your own share.
Perhaps you are thinking that the rich can pay for this excess spending? Bill Gates’ entire $50 billion fortune would only reduce everyone’s share of this extra debt by $167. Exxon’s entire earnings for 2007 would reduce each person’s share another $135. One thousand CEOs, athletes or actors each paying an extra $10 million would reduce your share by $33.
Contact Patty Murray and Maria Cantwell and tell them no more; otherwise they will soon vote to spend nearly another $3,300 extra for you, each of your children, parents, friends and everyone in the country.