As I am writing this Congress appears to be about to pass and send to the President to sign, a "bailout" bill to help offset the financial effects of Covid-19. (The Senate has passed their version and it is moving to the House for a vote today) The total price tag is going to be in the neighborhood of $2,000,000,000,000 (two Trillion, with a "T"). That is over $5,500 for every man, woman, and child in the US that will have to be paid back at some point. I wanted to put the amount into perspective. Did you realize that the TOTAL SPENDING of the federal government of the US did not equal or surpass $2 Trillion until 1990. That year the total expenditure was $2.08 Trillion. Nine years later in 1999 the total expenditures of the federal government equaled or exceeded $3 Trillion for the first time with a total of $3.06 Trillion. Only five years later in 2004 spending equaled or exceeded $4 Trillion for the first time (helped along by spending after 9-11). The ...
The universe, by definition, is infinite. It is arrogant for us to think mankind can formulate all the questions much less grasp all the answers.