A Comment About

Comprehending an Incomprehensible Economy

April 20, 2009 - 12:12 am - by Matt Patterson
pat
2009-06-01 09:38:54

A trillion dollars is real easy to understand. You don’t have to talk about dollar bills stacked to the moon. All you have to do is to convert it to a per head or per household amount. The US population is 300 million people living in 100 million households. A trillion dollars is $3,333 per head, or $10,000 per household.

I’m waiting for someone to ask President Obama to tell us what his projected deficits are per head. I somehow think he won’t know the answer (anything near $30,000 per head would be close enough)