Tuesday, December 13, 2005

That Giant Flushing Sound

Over on The Corner Jonah Goldberg just posted an email from a Senate staffer:
According to the Congressional Budget Office, the federal government spent nearly $2.5 trillion during the 2005 fiscal year. This means that, on average, the federal government spent nearly $6.8 billion each day, or $78,418 per second. The Census Bureau estimates that in 2004 (the latest year for which data are available), median household income in the U.S. was $44,389.

In short, the federal government spends almost twice as much money in only one second as a typical American household earns in an entire year.

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