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Rumor Mill News Reading Room, Current Archive

It Will Take 6.25 BILLION “Man Years” To Pay Off Gov't Liabilities: “A Mathematical Impossibility”

Posted By: Susoni
Date: Sunday, 2-Nov-2014 01:53:25
www.rumormill.news/3255

How about we take back the ill gotten gains from non tax paying corrupt corporations, special interests own corrupt, whoreish, politicians. Then give those ill gotten gains back to the people!!! All lobbyist money should be taken back from politicians and banksters who sold out America and Americans.....

Snip

We often hear government officials and mainstream financial pundits throwing around numbers like a billion or trillion. To most Americans these numbers are indiscernible.

They are so incredibly enormous that we can’t even imagine what one billion dollars actually looks like, let alone what it takes to generate such capital.

And a trillion, or better yet, the $17.9 Trillion that is our national debt? Forget about it! That’s so much money that we’re talking piles of cash the size of skyscrapers.

It turns out money the way we were taught to understand it in school isn’t really how we should be valuing economies or debt. Instead, we need to be looking at what that money represents.

How do we define the sizes of economies? In dollars? Nope. These systems should be measured in terms of a transcendent, invariant unit. Currencies are, by definition, variant, because they are constantly changing relative to one another. This includes the dollar, which is itself measured against a BASKET of other currencies. I propose that GDP should be measured in the unit of MAN HOURS or MAN YEARS. $20 per hour average wage. 2000 hour average work year. Because the buying power of an average man hour or man year shouldn’t change much at all. Think about it.

So, if we take the latest bee-ess GDP for the former US of $16.8 trillion, and if we use an average wage of $20 per hour, or $40,000 per year, we get an economy of 840 billion man hours, or 420 million man years.u really want your mind blown? Do that same calculation with the debt (now $18 trillion). Now do it with the unfunded liabilities of the FEDGOV (conservatively $250 trillion).

450 million man years, and 6.25 billion man years respectively.

Source: Notes for Apres la Guerre Part 2: Banking and Financial Market Theory

So, when we talk about trillions of tax dollars being spent on banks or infused into shadow investment houses around the globe, we’re actually not just talking about money being stolen from one group of people that’s being distributed to another. What we’re talking about is the literal theft of our lives – our time and energy.

The unfunded liabilities are estimated at $250 trillion, or as Barnhardt noted, 6.25 Billion man years.

To put that into perspective, it will take roughly 139 million Americans working non-stop for 45 years just to cover the government’s unfunded liabilities at their current levels.

Currently there are about 144 million working Americans with about 100 million not in the labor force for various reasons. So, just to pay off those liabilities, every single working American would have to spend the next 45 years of their lives sending 100% of their income to the government.

That’s how bad of a situation this is.

Feeling enslaved yet?????

Read More



RMN is an RA production.

Articles In This Thread

It Will Take 6.25 BILLION “Man Years” To Pay Off Gov't Liabilities: “A Mathematical Impossibility”
Susoni -- Sunday, 2-Nov-2014 01:53:25
Reader: All we have to do is change all of our government or not have any
Susoni -- Sunday, 2-Nov-2014 16:40:17

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AN EXPLANATION OF THE FACTIONS