The Straits Times
     


Feb 4, 2009
How much is US$1 trillion?

'One trillion dollars is a terrible thing to waste,' Republican Senator John Thune said. 'We shouldn't spend money we don't have on things we don't need.' -- PHOTO: REUTERS
WASHINGTON - US senators battling a nearly US$1 trillion economic stimulus package are striving to find vivid ways to explain just how big that one with 12 zeroes after it really is.

On Tuesday, Republican Senator John Thune said you could ring the equator 38.9 times with US$100 bills stretched side-by-side - and showed a picture of Earth encircled in greenbacks to underline his point.

'One trillion dollars is a terrible thing to waste,' he said. 'We shouldn't spend money we don't have on things we don't need.'

A day earlier, Senate Republican minority leader Mitch McConnell also grappled with ways to illustrate how big the US$888 billion stimulus plan - which could easily expand before a final vote - really is.

'Just to put a trillion dollars in context, if you started spending the day that Jesus was born and you spend a million dollars every single day, you still wouldn't have spent a trillion dollars. This is a lot of money,' he said. -- AFP