Peter's Story
The podcast version of Six Priorities for Silicon Valley is available.
Peter Ohtaki is a bay area native who is running to represent the 16th Congressional District in California, an area that includes a large part of Silicon Valley. There are seven challengers in this primary on June 7, 2022. Peter joined us to discuss the top six priorities in this district and demonstrated the depth of his educational background in economics and finance. He also provides an analysis on addressing those issues that are becoming a threat to the qualify of life in the bay area.
The six priorities addressed in this interview are:
- Crime
- Inflation
- National Security
- State-wide Zoning Laws, specifically AB9
- Infrastructure
- Responsible Fiscal Management ( see the tab “Interest on National Debt”)
My guest, Peter Ohtaki is a candidate for the House of Representatives representing California’s 16th District. Â
More information on Peter’s mission is available at PeterOhtaki.com
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The podcast is available:
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Interest on National Debt
The average interest rate on the 10-year U.S. Treasury Bonds during the past 10 years is 1.56% to 2.732%
More information on U.S. Treasury Debt is available at:
Our general calculation on the interest on the 30 trillion in U.S. Debt is as follows
| Interest on the National Debt | ||||
|
30 Trillion Annual Debt |
||||
| National Debt | $30,000,000,000,000 | |||
|
Average Interest Rate |
||||
|
1% |
2% |
3% |
||
| Annual Interest |
300 Billion |
600 Billion |
900 Billion |
|
| Monthly Interest |
25 Billion |
50 Billion |
75 Billion |
|
| Daily Interest |
821 Million |
1.64 Billion |
2.46 Billion |
|
| Hourly Interest |
34 Million |
68 Million |
102.7 Million |
|
| Interest by minute |
$570,776 |
$1,141,553 |
$1,712,329 |
|
