Wednesday, February 10, 2010

How much is a trillion dollars?

The U.S. deficit is expected to reach $1.6 trillion this year. Barack Obama has just sent a $3.8 trillion budget to the U.S. congress for approval.

How much is a trillion dollars? Well, thanks to Eric Margolis in this article, we now know.

To understand the immensity of one trillion dollars, one would have had to start spending $1 million daily soon after Rome was founded and continue for 2,738 years until today.

So, tell me again, why are we hitching our economic wagon to this falling star?

No comments:

Post a Comment