Thursday, July 9, 2009

How much is a trillion dollars?

There has been much talk about large dollar amounts - sometimes in discussions about the "bailout" and sometimes about health care. These kinds of numbers are so big that it is easy to just become numb.

$1,000,000,000,000 => $3,268 per person or $16,340 for a family of 5.

or, just increase the price of gasoline for a year

$1,000,000,000,000 => $3.11 additional tax per gallon.

A senator once said, "A billion here, a billion there - pretty soon you have real money."

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