Word: trillion
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...magnitude and growth trend of our national debt are truly frightening. Over the past 12 years our country's level of indebtedness has increased from $1 trillion to $4 trillion. Much more disturbing is the fact that our total debt as a proportion of gross national product has increased from just over 30 percent to nearly 70 percent. If current trends continue, the proportion will increase to 100 percent within five years. We are a rich nation. But even millionaires get into trouble when the amount they are in hock (out total debt) is equal to or greater than their...
Both addressed the issue of the U.S. debt. Reich urged governmental intervention to spur the economy. "We have a government of with more than four trillion dollars of debt," said Reich. "We need to apply some kind of stimulus...
...Liberals lose presidential elections, conservatives win them. People look out over America and see over $1 trillion in transfers of money from producers to nonproducers, and it hasn't worked. And they see a continuing decadence. Most people don't look at Willie Horton and see a victimized black. They see an attempted murderer and a rapist, and they don't want people like that out of jail early.There's a seething undercurrent out there of people who are simply fed up with the intolerance of people on the left for people who wish to have decency and decorum...
...Well," ponders Dean of Students Archie C. Epps III, "the endowment is five billion...and then there's the brand name." Pausing a moment to calculate, Epps figures, "That's about a trillion dollars...
...would consider it for one year's income of the United States [about $1.1 trillion]," Rosovsky says...