marginalrevolution.com - 3/4/2009
—
In case you had forgotten, via James Hamilton:A trillion dollars used to be a sum that never naturally came up in normal conversation. Now all of a sudden, it's the standard unit we seem to be using to talk about...
pagetutor.com - 3/5/2009
—
pagetutor.com —
QUICK SITE GUIDE SITE MAP MEMBERS HOME MEMBERSHIP
INFO CONTACT DOWNLOADS SUGGESTIONS Basic HTML Tutor Table Tutor...
Form Tutor Frames Tutor ColorPicker Updated Upload your page Practice exercises Barebones HTML Guide PageTutor Book & Companion CD - ...
(more)
$1 Trillion dollars
econbrowser.com - 3/4/2009
—
econbrowser.com —
A trillion dollars used to be a sum
that never naturally came up in normal conversation. Now...
all of a sudden, it's the standard unit we seem to be using to talk about our economic problems and what we're trying to do about them. Fortunately, I think I ...
(more)
How much is a trillion?
corner.nationalreview.com - 2/27/2009
—
corner.nationalreview.com —
Jake Tapper details the $989 billion in tax
increases called for in the Obama Administration's new budget....
But Tapper's tabulation understates the increased tax burden of Obama's proposed budget, as it does not account for the proposed cap-and-trade ...
(more)
Over $1 Trillion in Tax Increases
Comments
Blog Reactions
$1,000,000,000,000
The Daily Dish | By Andrew Sullivan —
Tyler Cowen flags this post by James Hamilton: A trillion dollars is about the total amount collected in income taxes by the U.S. federal government in fiscal year 2006-- $1.04 trillion, if you're curious to use the exact number. That gives me a simple rule of thumb for personalizing these numbers. If I want to know what an additional trillion dollars in government borrowing or spending will mean for me, I just imagine what it would be like to pay twice as much in federal income taxes for one year. ...
How much is a trillion?
The New Editor —
James Hamilton: (via Tyler Cowen) (emphasis added)
A trillion dollars is about the total amount collected in income taxes by the U.S. federal government in fiscal year 2006-- $1.04 trillion, if you're curious to use the exact number. That gives me a simple rule of thumb for personalizing these numbers. If I want to know what an additional trillion dollars in government borrowing or spending will mean for me, I just imagine what it would be like to pay twice as much in federal income taxes for one year.
So, for example, with the ...
Related Content
How Much Is $1 Trillion? (video)
youtube.com 2/4/2009 — CNN asks a Temple University mathematics professor how much $1 trillion actually is. The story notes Senate Republican Leader Mitch McConnell is correct when...
$4 Trillion Bank Bailout?
calculatedriskblog.com 1/29/2009 — From CNBC: Bank Bailout Could Cost Up to $4 Trillion: Economists Goldman Sachs estimated that it would take on the order of $4 trillion to buy troubled mortgage and consumer debt. That number could shrink if the program were limited to only certain ...
Leaked CBO Numbers: $1.8 Trillion Deficit In 2009, $1.4 Trillion In 2010
wonkroom.thinkprogress.org 3/20/2009 — According to leaked estimates from a Congressional Budget Office report to be released later today, the deficit for 2009 will be $1.8 trillion, falling to $1.4 trillion in 2009. The Obama administration had projected this year’s deficit would reach ...
What does one TRILLION dollars look like?
theospark.net 3/9/2009 — All this talk about "stimulus packages" and "bailouts"... A billion dollars... A hundred billion dollars... Eight hundred billion dollars... One TRILLION dollars... What does that look like? I mean, these various numbers are tossed around like so ...
"Trillion" TV Ad (video)
youtube.com 1/28/2009 — http://www.REIDistributeWealth.comSuper-spending partisan, Harry Reid.As Democrat Leader, he helped pay for vicious attack ads criticizing last year's bailou...
How big is $9 trillion?
krugman.blogs.nytimes.com 8/24/2009 — The debt outlook is bad. But we're not looking at something inconceivable, impossible to deal with; we're looking at debt levels that a number of advanced countries, the US included, have had in the past, and dealt with.
$20 Trillion
directorblue.blogspot.com 8/30/2009 — Illustrating an incomprehensible amount of debt that our children and grandchildren will have to repay:Oh, but it's for the children.Illustration: National Post.