August 1, 2011 - 10:23 am
I don’t think anyone can really wrap their brain around the scale of one trillion anything. But, I think it’s important that we give it a try, especially in light of the scale of our government’s budget.
Check out this site. Remember: The U.S. deficit is currently over $14 trillion and we just raised the limit to almost $17 trillion.
The federal budget is roughly $1.7 trillion in the red every year. Keep in mind, the Democratic congress has failed to pass a new budget in the last two years, so they broke the law two years in a row. What that means is that the government is spending whatever it thinks it needs without anyone telling them they’re over budget.
Here’s a hint:
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