How much is $6.2 billion?
Posted at 12:12 PM on December 2, 2010
by Bob Collins
(9 Comments)
Filed under: Economy, Politics
The new budget deficit is $6.2 billion in Minnesota.
How much is that?
$6.2 billion is....
... the total payroll for legislators if the Minnesota House of Representatives had 199,100 state representatives, or one state rep for every 26 people who live in Minnesota.
... the cost to use the state airplane to ferry the governor hunting every weekend (weather permitting) until December 2, 2739.
... how much you would have counted out if you started now and counted out dollar bills every second and don't stop for the next 196 years.
... roughly the amount it would take to build one new fully-loaded high school in every county in Minnesota.
... approximately the entire year's income for everyone in St. Paul.
... enough to pay unemployment benefits for the next three years for all of those currently receiving them in Minnesota.
... what it would cost to build 62 miles of light rail.
... all the license tab fees paid in this state for the next 12 years.
... the cost of running a radio ad on a Sioux Falls radio station every 20 minutes for the next 2,359 years, urging businesses there to move to Minnesota.
Go ahead! Add your own here.
Comments (9)
It's a bit over $3,200 for every household in the state.
Has anyone calculated how much of that money was accrued in prior budget cycles?
For instance, to select a random example, if we balanced prior budgets by shifting payments, how much of the projected deficit is accounted for?
It would buy enough gasoline to fill almost 3100 Olympic sized swimming pools.
Or allow you to drive around the Earth at the equator over 2 million times.
It's approximately the amount the US didn't earn in estate taxes this year when 4 billionaires passed away:
http://nyti.ms/hJtRVB
$6.2 Billion is somewhat less than the total Federal spending for one day.
It would pay for just short of 8 new Vikings stadiums.
So call it 7 Vikings stadiums plus a Target Field, with a few million left over to sign a new Vikings coach and a new infielder from Japan.
Looks like it would be just about enough for Google to acquire Groupon.
It would allow Brett Favre to consider retirement for the next 387 seasons at his current salary.
Not sure, but am planning to keep working until I am at least 74!! Go Baby Boomers!!!
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