Thursday, February 26, 2009

A TRILLION HERE, A TRILLION THERE ...

Back in the 1960's, the late Senator Everett Dirksen (R, IL) was supposed to have said "A billion here, a billion there, and pretty soon you're talking real money." Today the number is a trillion, but the meaning is the same.

It is interesting to note that as an analogy for growth of government, the increase from a billion to a trillion in roughly 45 years corresponds to a growth rate of nearly 17%.

Big government, anyone?

No comments:

Post a Comment