Wednesday, December 24, 2008
Who Could You Feed With All That Money?
OK, let's put this in perspective:
Yesterday the New York Yankees added another baseball player to its roster, bringing the total expenditure for four players signed recently to $800 million. Four players, $800 million. Got that?
So, what's that mean in real dollars for real people?
When Hurricane Katrina stranded about 75,000 people at the Houston Astrodome, the United Methodist Church of Texas raised $1 million to feed them for a week. That works out to 525,000 meals in seven days.
Take the $800 million and buy food for the masses and you get 420 million meals. The population of the United States is about 300 million. Mexico and Canada add another 141 million. So, basically, you can feed the U.S., Canada and most of Mexico for $800 million.
Make mine lobster.