“A failure to act, and act now, will turn crisis into a catastrophe.”
— President Obama, Feb. 4.
Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared “we have chosen hope over fear.” Until, that is, you need fear to pass a bill.
Lengthy, but interesting write-up looking back and looking forward – link
President Reagan said the best way to understand a trillion dollars is to imagine a crisp, new stack of $1000 bills.
If you had a stack four inches high, youd be a millionaire. A trillion-dollar stack of $1000 bills would measure just over 63 miles high.
Here’s an article giving examples
If there is one thing I would encourage my blog visitors to read is this one post and take the time to watch the linked video.
Continue reading “$55,000,000,000,000+ U.S. Debt???”
“Never let a serious crisis go to waste. What I mean by that is it’s an opportunity to do things you couldn’t do before.”