To answer the question of how big a problem borrowing $6.5 trillion will be over the next two years, consider the fact that 1 trillion is the number 1 followed by 12 zeroes.You'd also have a future in management at GM...
If you had gone into business on the day Jesus was born, and your business lost a million dollars a day, 365 days a year, it would take you until October 2737 to lose $1 trillion.
(H/T to SurvivalBlog.)
5 comments:
Speaking of Jesus, stimulating the economy--by lowering the buying power of the public through higher taxation and devaluing the currency--sounds an awful lot like Congress is hoping to do what He did with some bread and a couple of fish.
Except it doesn't work that way, Congress. Because you're not Jesus.
No, he's down the street in the White House.
Whats the difference between Jesus and Obama? Jesus doesn't think he's Obama.
Jim
You know, everyone keeps talking about this borrowing as though it's a done deal.
What they all mean, I think, is attempts to sell bonds.
Is there a plan B if the rest of the world doesn't come across with a bit of money?
This is why I come here several times a day. All the turbocharged industrial strength snark of Ann Coulter, from a woman who has actually been in the same zip code as a cheeseburger.
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