Chad / 23 Jan 2013 / Personal Finance
315,218,264 – US Population
(The population of the US according to the US Population Clock from the US Census Bureau.)
If you are like me, all of the talks about the national deficit, our taxes, spending and spending cuts, the debt ceiling, and our fiscal health as a nation, means so little out of context.
The numbers are enormous and they are incomprehensible to me.
To help make sense of it, and to personalize it, in these series, I will take a look at the numbers that our media and government throw around when discussing our fiscal situation and translate these into what it means for each of us.
I am comparing the big numbers to what it means to every man, woman, and child in the US and to a family of four.
In this volume, I take a look at a hot topic, the Sandy Relief Package. The bill had passed the US Congress. I am not saying this is not important; it is obviously for so many. What I am showing here is how this affects you personally, even if you live in Kansas.
So that storm that you heard so much about, that affected millions of your countrymen, affects more than just those in the northeast.
Put in simple terms, our out of pocket cost for each person in the US is $192, or $768 for a family of four. If asked, I would probably donate $192 to the cause. Would I donate $768? Probably not. But that’s how it works!
How many ‘Sandy’s’ can one family take, how many special interests can one family support, and how much is too much? Just some food for thought as our Congress goes back to the well one more time.
What do you think about this? Did you know this is how much Sandy is costing you? Do you have other examples we need to talk about? Tell me and share with your friends.