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?

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