Comments on: Where Did the Other Trillion Go? http://www.wisemoneydecisions.com/2009/02/12/where-did-the-other-trillion-go/ Sat, 19 May 2012 02:13:47 +0000 http://wordpress.org/?v=2.3.3 By: Jeff http://www.wisemoneydecisions.com/2009/02/12/where-did-the-other-trillion-go/#comment-8838 Jeff Sat, 14 Feb 2009 18:57:47 +0000 http://www.wisemoneydecisions.com/2009/02/12/where-did-the-other-trillion-go/#comment-8838 Justin: Thanks for your comment. You're right I'm introducing a non-trivial amount of rounding error by rounding to a trillion. I did it for two reasons. One, because I needed to write the amount several times in the post, using a trillion saved me some keystrokes. And two, it's hard for most people (including me) to wrap their mind around a number this big. Rounding it up for convenience doesn't change their perception of just how much money we're spending. Justin:

Thanks for your comment. You’re right I’m introducing a non-trivial amount of rounding error by rounding to a trillion.

I did it for two reasons. One, because I needed to write the amount several times in the post, using a trillion saved me some keystrokes.

And two, it’s hard for most people (including me) to wrap their mind around a number this big. Rounding it up for convenience doesn’t change their perception of just how much money we’re spending.

]]> By: Justin http://www.wisemoneydecisions.com/2009/02/12/where-did-the-other-trillion-go/#comment-8834 Justin Sat, 14 Feb 2009 16:15:28 +0000 http://www.wisemoneydecisions.com/2009/02/12/where-did-the-other-trillion-go/#comment-8834 How can you round it to $1 Trillion, that's a $211,000,000,000 difference, or 26% percent increase? I mean if you want a round number that bad, go with $800B. How can you round it to $1 Trillion, that’s a $211,000,000,000 difference, or 26% percent increase? I mean if you want a round number that bad, go with $800B.

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