Feb 06
According to an article I read in the WSJ the other day, the US is expected to run a $1.6 TRILLION deficit this year. President Obama has gone through the budget and supposedly cut $20 billion in spending. Okay, when you toss around a number like $20 billion, you might think, “Wow! That’s a lot of money.”
Although it is a lot of money, I thought it would be cool to put this in perspective. So, I created a couple of graphics representing our deficit. The first one contains 1,600 squares. Each square represents $1 billion.
Okay, now this second graphic represents the $1.6 trillion deficit MINUS the $20 billion in savings:
Basically, it’s like owing someone $1,600 and finding a way to pay them $20!
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Tags: Deficit, Perspective Deficit
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