I remember when a billion used to be a number so big nobody could comprehend it, though it is still a massive number.According to Snopes.com 1 billion seconds equals 31.7 years. A billion seconds have elapsed since 1981.One billion minutes is equal to 1,901 years - which would take us back, almost, to the time Jesus Christ roamed the Earth.One billion hours is equal to 114,000 years - which would take us back to the Stone Age.In more recent times, our inability to comprehend the sheer magnitude of 1 billion has been eclipsed by our inability to comprehend 1 trillion.One trillion is equal to one thousand billion.Our federal deficit has been averaging nearly $1 trillion since the collapse of 2008 - causing us to rack up more than $5 trillion in new debt.In order to cover our nearly $4 trillion annual budget, the U.S. Treasury spends about $1 billion every two hours - accumulating $1 billion in new debt about every eight hours.ABC’s Jake Tapper tried to simplify these incomprehensible numbers. He compared America’s finances to a typical American’s finances.