How much is a trillion?

econbrowser.com - 3/4/2009

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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 finally got a handle on what $1 trillion ...

blogs.abcnews.com - 2/26/2009

Obama's Budget: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011

— blogs.abcnews.com — President Obama's budget proposes $989 billion in new taxes over the course of the next 10 years,... starting fiscal year 2011, most of which are tax increases on individuals. 1) On people making more than $250,000. $338 billion - Bush... (more) Obama's Budget: Almost $1 Trillion in New Taxes Over ...

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pagetutor.com - 3/5/2009

$1 Trillion dollars

— 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

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marginalrevolution.com - 3/4/2009

How much is a trillion?

— marginalrevolution.com — 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... (more) How much is a trillion?

Comments vote down The Daily Dish | By Andrew Sullivan found this 3/4/2009found this

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The Daily Dish | By Andrew Sullivan: $1,000,000,000,000

The New Editor: How much is a trillion?

Hit & Run: Thinking in Trillions

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$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 ...

Thinking in Trillions
Hit & Run — I've pretty much stopped being about to hear or understand the kind of numbers the federal government is trafficking in these days. And those "if you stacked one dollar bills they would reach Jupiter!" explanations simply reinforce the concept which I already grasp: The numbers are very large. But here's an interesting way to think about trillions: 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. ...