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The Fiscal Year 2010 budget request was released on Thursday as President Obama continues to make his mark on economic policy. The $3.6 trillion budget requests includes major tax increases and a projected budget deficit of $1.75 trillion.
Just a reminder of what a trillion "with a 't' "is.
One trillion is 1,000,000,000,000 - 10 to the 12th power, or a thousand, thousand, thousand, thousand. To put things in perspective, current estimates put the number of stars in the Milky Way at somewhere between 100 and 400 billion. The U.S. population is slightly over 303 million, and the world population is around 6.6 billion.
$1 trillion would be enough money to buy about a 1,000 boxes of Girl Scout cookies for every person in the United States. A trillion barrels of oil would - at current consumption levels - fuel the world for about 33 years.
Maybe they should just send each of us those 1,000 boxes of Girl Scout cookies. All that sugar should stimulate some economic activity.
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