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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (99931)11/26/2008 12:24:39 AM
From: NOW  Respond to of 110194
 
absolutely beyond human comprehension. a billion stretches the imagination when one really thinks of it.
5 trillion?



To: GST who wrote (99931)11/26/2008 12:44:57 AM
From: bart13  Read Replies (2) | Respond to of 110194
 
Indeed...

Someone asked me today to put similar charts together showing the grand total of both allocated and unallocated money from all the various programs, and I just couldn't bring myself to do it even though I have all the data. It would add very little if anything.

edit/add:
And as long as I'm in bad news mode, here's a picture of total state and federal expenditures as a percent of GDP. Note that the source data is quite suspect and understated, especially the federal portion, since it does not include off official budget items.
Actual total federal expenditures alone, per the total debt, is around 60% of total GDP.