James Quinn at Financial Sense.
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!
Source: Financial Sense via Infectious Greed
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