Monday, February 01, 2010

Perspective on Obama's Projected Deficit

Barack Obama has proposed a budget for 2010 that includes a deficit of more than $1.6 trillion dollars.

A trillion is a lot of whatever you are measuring. In fact, it is almost impossible to grasp without a bit of perspective.

So, here it is...

If we were to pay back that $1,600,000,000,000.00 debt at $1,000,000 per day it would take us 4,383 years to pay off just the principal.

At least it is manageable.

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