“Your fair share?”
Posted: February 11th, 2009 |
Coming up with an exact number for “your fair share” — assuming there was such a thing — of the US government’s asserted “national debt” would be a fool’s errand:
- The size of the debt itself is constantly increasing (right now, probably at a rate of about $2 million per minute).
- The population of the US is constantly fluctuating (estimate as of January, 2009, a little more than 300 million).
- And, of course, there are varying definitions of “fairness.” Are you just “responsible” for the portion of the debt built up during your lifetime, or for an equal share of the whole enchilada?
There is, however, a number being thrown around which assumes a more-or-less current number for the debt, a more-or-less current estimate of population, and an “equal share for everyone” distribution. That number is in the $35,000 range.
So, above and beyond all the tax payments you’ve made to Washington over the years, the US government asserts that each of us owe their creditors:
- A 2009 BMW 328i Sedan (w/ STEPTRONIC automatic transmission option); or
- A condominium in Houston, Texas; or
- A toilet just like John Thain’s; or
- A check in the amount of Treasury Secretary Tim Geithner’s tax oopsies.
Raise your hand if you own a Beemer, a condo, or a $35,000 commode, or have a $35k+ bank balance.
Now keep your hand up if you really, really believe you owe one of those things to Uncle Sugar or his loan shark friends.
Look, Ma, no hands!
thanks, I like the analogy and nope-no beemer in my parking spot, no condo anywhere (wouldn’t want in houston-yuck, but maybe Hawaii?) and no bonuses from work or the gov. Why should they get one-the money was supposed to help all of us not provide beemers, fancy toilets and condos.
Ripoffs-Jail time in Attica would be useful I think.
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