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about 3 American dollars
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∙ 12y ago
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How long to pay off the national debt?
Estimating the time it will take to pay off the national debt depends on future revenues and expenses--not just the current amount owed. If expenditures are productive--that is, they grow the economy and generate better-paying jobs, then tax revenues will rise faster. Projections are largely hokum. Consequently, projections into the far future are hokum compounded. Your formula would be garbage-in, garbage-out. What we must do is be pragmatic and look more at policies and less at mathematics. Do our policies channel resources from the poor and middle classes to a small élite of wealthy plutocrats? If so, we may never see an end to the accumulating debt. If our policies, on the other hand, take revenue at a maximum income-tax rate of 90% (what it was during the 40s, 50s, and into the 60s) from those whose taxable (not gross) income is $1 million and up, and if we invest the revenue in new income-producing R&D and technologies, then we may be surprised at how quickly we will be able to reduce the national debt. Keep in mind that during the final two years of the Clinton Administration we were running annual surpluses. Bush cut taxes mostly on the wealthy élite (along with enforcement of the tax laws) and the result speaks for itself.
What is the value price of a wool Bigelow Sanford rug size 9 x 12 from the 30s or 40s?
to any one who is interested in the value of their 9x12 rug. recently i have had a 9x12 bigelow sanford rug valued by a certified antique appraiser. my rug is dated right around 1932. it has a deep red background with a floral motif in each corner with the center being a solid color. it shows med-very little wear. he value it as a approx. replacement cost of around $2,650.00. considering that my grandmother bought the rug in 1932 with a receipt showing a final cost of $75.00, i found the appraisal very exciting!
How does an entrepreneur influence the economic growth of the country?
Most new jobs are created by small companies - and in fact, they are created by companies that are small because they are new. New companies create new products. The owners of the companies play around with the design of these products, and because they are largely hand-crafted products, that's relatively easy to do. Eventually, the design stabilizes, the market matures, and the company stops growing so fast. At this point, the company usually gets sold to a larger company, which is able to invest large sums of capital to automate production, thus reducing the cost to make the product. They also combine functions such as personnel, purchasing, shipping, etc., to further reduce costs. Thus, new small companies create jobs and large old companies destroy them. Since WWII, there has been a shift from people working on their own farms or running their own hardware stores to taking a job for the huge corporations. That has been a large factor in our current economic situation. Our laws make it expensive to fire old employees, so large corporations have kept them on until they close a facility or the employee retires. With the recession, a lot of people in their 40s and 50s have lost their jobs, and nobody wants to hire them when younger employees are available for less, especially since the younger employees don't have the health problems that have been caused by working in the factories of yesteryear. People generally don't start new businesses unless their parents were self-employed, and colleges don't do a very good job of teaching entrepreneural skills. If you can solve that problem, you would be doing this country a huge favor!
What was the minimum wage in the 1940's?
The minimum wage in the United States in the 1940s was 40 cents per hour. It was much less expensive to live on these wages during the 40s.
How much did a ford convertable cost in the 40s?
about $10 which is realy cool.
Who played Dagwood Bumstead in 28 movies during the 30s 40s and 50s?
Arthur Lake
Did Bruce Lee serve in war?
no, but he grew up during the japanese invasion of hong kong in the 40s
What is the temperature in Nashville?
January temperatures in Nashville average in the 40s during the day and upper 20s at night.
When does rosacea usually appear?
Rosacea is a skin disease typically appearing in people during their 30s and 40s.
What sentence what 2 is the correct use of past tense There was no Starbucks in the 40s or There were no Starbucks in the 40s?
"There were no Starbucks in the 40s" is correct.
What is plural of 40?
The plural of 40 is 40s (forties), as in the man was in his 40s; the Second World War took place in the first half of the 40s.
Did he pitch at Andrews AFB in the late 40s?
Did WHO pitch at Andrews AFB in the late 40s
How much are stamps issued in the 30's and 40s worth today?
Around 4000-5000 depending on condition.
How much does a sumo wrestler have to wheigh?
The minimum weight for a sumo wrestler is 75 kg. Today that is not difficult to meet, though in the past it was not as common, particularly during the shortages of food in the 40s and 50s. The minimum height requirement is 173 cm.
How long is a trillions seconds?
1,000,000,000,000s = 16,666,666,666m, 40s = 277,777,777h, 40m, 40s = 11,574,074d, 1h, 40m, 40s = 31,688y, 32d, 1h, 40m, 40s So assuming all that math is correct, one trillion seconds is about 31,688 years.
