Friday, February 27, 2004
OK, so this isn't directly a steel story. But the sheer size of it is staggering. Yahoo! News - Bush Budget Said to Cause $2.75T Deficits
Do you know how big 2.75 trillion dollars is? The current population of the US, according to the US Census Bureau, is, at the moment 292,682,317. So 2.75 trillion is $9,396 per person. The same people forecast a population in 10 years of 309,753,000. Whew! What a relief! That brings the deficit per projected person down to a mere $8,878.
I feel better already.
Do you know how big 2.75 trillion dollars is? The current population of the US, according to the US Census Bureau, is, at the moment 292,682,317. So 2.75 trillion is $9,396 per person. The same people forecast a population in 10 years of 309,753,000. Whew! What a relief! That brings the deficit per projected person down to a mere $8,878.
I feel better already.