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Archive for the ‘Deficit’ Category

A Trillion

Tuesday, October 12th, 2010

 Do you know how much a trillion dollars is?????
If you laid one trillion one-dollar bills end to end, it would make a chain from the earth to the moon 200 times. One trillion dollars would stretch nearly from the earth to the sun. It would take a jet flying at the speed of sound, reeling out a roll of dollar bills behind it, four years before it reeled out one trillion dollar bills. A million seconds is 11.5 days. A billion seconds is 32 years. A trillion seconds is 32,000 years.

YET…

A Record Deficit In 2009: The budget would produce a $1.75 trillion deficit, or 12.3 % of GDP, in 2009. This deficit level is more than three times the previous record deficit.

$24 Billion Spent A Day: Over the first fifty days of the new Administration, approximately $24 billon has been spent a day, most of it with borrowed money.

(more…)

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