Word: trillions
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...changed their views on Obama were twice as likely to say they had grown more favorable, not less; those who now saw McCain differently were three times as likely to say their view had worsened than had improved. And that was after the markets had shed a couple of trillion dollars. By mid-October, only 1 in 3 voters thought McCain would bring the country a real change in direction. He never got close again...
...positions, not just Transportation. He needs to use his power in ways that make both parties equally unhappy, to dust off the weighty words we need to hear, not just the uplifting ones - like austerity, sacrifice, duty to the children we keep borrowing from. The national debt passed $10 trillion in September; in the next month, we added $500 billion to it - the fastest, deepest plunge into red ink in more than 50 years. Will Obama end the double standard between how Washington works and how everyplace else does, the loopholes it defends, the common sense it defies...
...from betting on corporate America. Banks, too, despite all of the government's best efforts, continue to be reluctant to extend credit to companies. Yardeni notes that in the past six weeks the amount of cash banks are holding has more than doubled to just over a half a trillion dollars, which is nearly a record. Bank lending is up, but Yardeni says that much of the measured increase comes from financial firms like Goldman Sachs and Morgan Stanley being recategorized as banks. "Banks are piling up liquid assets much faster than they are making loans," says Yardeni. "And that...
...spending. But both are also pledging big tax cuts. The Tax Policy Center, a joint venture of the left-leaning Urban Institute and Brookings Institution that also has a reputation for getting its numbers right, estimates that Obama's tax proposals would increase the deficit by up to $3.5 trillion over the next decade, while McCain's would increase it by up to $8.6 trillion. That doesn't count possible spending cuts, but even McCain's proposed "freeze" wouldn't come anywhere near to closing that hole...
...past few weeks, Americans have watched helplessly as over $1 trillion of our nation’s wealth has simply disappeared; during the third quarter of 2008, the American economy actually shrank. Meanwhile, the subprime mortgage crisis and the total collapse of the investment banking sector have exposed critical weaknesses in the American economy–the largest and most important component of an increasingly global exchange of goods and services...