What’s A Billion Here Or There?

Just a few quick posts this late Saturday evening.

First from Jake at EconomPicData.com here is a fascinating example of how quickly we are spending money right now.

The annual deficit for 2009 is now estimated at between $2 trillion and $3 trillion give or take a few hundred billion. These figures seem incomprehensible to the average person on the street. Some perspective is in order. If we use $2.5 trillion as the estimated deficit that means:

*We’re adding $6.85 billion per day to the National Debt
*We’re adding $285 million per hour to the National Debt
*We’re adding $475,000 per minute to the National Debt

Have a great $14 Billion weekend everyone!

Sometimes you don’t need to say anything more.

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