Wednesday, February 4, 2009

A Trillion is a BIG number!

NEW YORK- In that strange intersection of economics and politics, there is a new fashion: Trillion is the new billion.

To provide some perspective on just how big a trillion dollars is, think about it like this: A trillion dollars is the number 1 followed by 12 zeroes.

Or you can think of it this way: "To put a trillion dollars in context, if you spend a million dollars every day since Jesus was born, you still wouldn't have spent a trillion," McConnell said. CNN checked McConnell's numbers with noted Temple University math professor and author John Allen Paulos."A million dollars a day for 2,000 years is only three-quarters of a trillion dollars. It's a big number no matter how you slice it," Paulos said.

Here's another way to look at it.
"A million seconds is about 11½ days. A billion seconds is about 32 years, and a trillion seconds is 32,000 years," Paulos said. "People tend to lump them together, perhaps because they rhyme, but if you think of it in terms of a jail sentence, do you want to go to jail for 11½ days or 32 years or maybe 32,000 years? So, they're vastly different, and people generally don't really have a real visceral grasp of the differences among them."