IPFS News Link • Economy - Economics USA
Mommy what's a Quadrillion Dollars?
• korpisworld.blogspot.comLast Wednesday, an article was published revealing that our Federal government was hit with 489,000 lawsuits stemming from the 2005 Katrina disaster totaling $3,014,170,389,176,41. That's 3 + QUADRILLION dollars. Being a math teacher, I occasionally come across very large numbers (not when counting my paycheck), but even I had forgotten what comes after a billion. Because of this beyond-astronomical number, I will not likely soon forget that it is quadrillion.
After my initial shock at such an unfathomably huge dollar amount that was, I did the math to find the AVERAGE amount of each lawsuit, hoping this would bring the number into the realm of reasonableness--it didn't. With 489,000 claims, that comes out to a staggering 6,163,947,626 per person. THAT'S 6.1 BILLION DOLLARS EACH FOR ALMOST HALF A MILLION PEOPLE!!!!! That's equivalent to EVERYONE in Atlanta, Georgia