To the Editor:
When asked by my grandkids how much each person would get if the 1.9 Trillion $$$ “CoVid Personal Relief Bill” went to every USA citizen, I admitted that I was not sure how many Zeros are in a Trillion $$$. Also, using the old math we were taught, I kinda recalled where the "Goes-Into" goes into the formula. Needed the help of Bill Gates & Excel. (Figured Gates is one of the few who probably relates to Trillion $$$ & where the “Goes-Into” goes)
Turns out there’s 12 Zeros ($1,000,000,000,000) & the “Goes-Into” is the 330,000,000 USA citizens. $1 Trillion per person = $3,300 per person. The formula for the $1.9T “CoVid Personal Relief Bill” would be about $6,000 for every citizen. A family of 4 = about $24,000.
Also, when asked how the formula that resulted in the $1,400 was determined, I again had to admit I did not understand how WDC (Washington D.C.) arrived at $1,400 instead of $6,000. One of the variables that complicates understanding the formula is that not all citizens qualify for this version of relief which means the amount should even be higher to the folks that qualify as “Needy” by the folks in WDC.
Turns out that the WDC Swamp-o-nomic definition of “Needy” is needed to determine why the $1,400 is the appropriate amount for USA citizens that qualify. As the details of the “CoVid Personal Relief Bill” are being revealed, we’re finding out what goes into “Needy” includes Foreign Governments, Blue State & City deficit bailouts, Prisoners, Art Programs, 2022 election year spending, etc.
Sure hope our grandkids with their new math can figure out how much a Trillion $$$ is & how to pay for the Porkulus debt we’re leaving. Perhaps more important is that they understand who, where, when & what of the “Goes-Into'' is needed for the “Needy”.
Letter to the Editor Policy
Near North Now welcomes original letters from readers on current topics of general interest. Simply fill out the form below. Letters submissions are limited to 300 words.