With the new bail out bill passing our national debt has reached 11.5 trillion dollars.Here is a way to help you put this into perspective at what it will take to pay this off. With out calculating the interest, which we know there is.
Let’s say we apply $11.50 every second of every day. This means we will be applying $690.00 every minute or $41,400.00 per hour or $993,600.00 per day.
A million seconds equals roughly 11.57 days or $11,495,952.00
A billion seconds equals roughly 31.69 years or $4,196,022,480.00
A trillion seconds equals roughly 31,690 years
This is when we will have paid off the current national debt with no interest and not adding to it at all by paying $11.50 every second from now until a trillion seconds runs out. The year will be 33698 A.D.