http://www.cnn.com/2009/LIVING/02/04/trillion.dollars/index.html
Almost every morning on the news we hear about the billions and trillion of dollars being debated in the economic stimulus packages the government wants to erect to help restart our country. I think we have all become to familiar with the term trillion and it has lost its true value. This article puts into perspective what a trillion dollars really is. This bailout s approaching 1/14 of our country's annual GDP of 14 trillion. How will we ever be able to pay back all of the debt we are accumulating. I am not saying this bailout is not needed but we need to find a way to help our nation out for the future instead of accumulating massive debts we will not be ale to pay off in the foreseeable future. As our citizens become to familiar with the term trillion and it is adopted as the new billion, one must think what is next could a quadrillion dollar bailout not be to far off?
Wednesday, February 4, 2009
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