Money

Is 2 Trillion Really a Big Number?

trilllon dollarsI tend to think the main reason why congress is so willing to spend our money is that they forget what big numbers really are. The attitude is, “well it is only $20 million… so what’s the big deal.”

“A billion here, a billion there, pretty soon it adds up to real money.” (Senator Everett Dirkson)

I think that the reason why the populous doesn’t scream more at the spending of money is two fold. First, people in general don’t have any idea how much money we are talking about and second, people in general don’t realize that it is their money.

The 2 Trillion from the title is from my last post on how much new debt we are incurring via the bailouts in just the last year. And they have added even more since that post. In reality… it is significantly more… not just a little more.

So, how much money are we really talking about? continue reading...

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