It is difficult to shorten this post from ‘Chris in Paris’ over at Americablog. With the bail out looking more and more like we are talking at least a trillion dollars - check out his post.

A reader asked what any of the bailout numbers represent in the real world. We know $500 billion, $700 billion or now the new Paulson plan of $1.8 trillion is a lot, but put this in terms that everyone can understand. A few examples for 2007:

* Microsoft generated $51 billion in revenue.
* Citi, who has been hit hard in the credit crisis, saw $159 billion.
* Walmart’s 2007 total revenue was $388 billion.
* ExxonMobil generated $404 billion.

Those are the numbers for some of the largest businesses in the US. For the US budget, here are a few examples from Bush’s budget in 2007:

* Veterans’ benefits at $73 billion
* Education was $90 billion
* Interest on US debt was $244 billion
* Medicare $395 billion
* Defense was $548 billion
* Social Security was $586

In total, the 2007 federal budget was a total of $2.8 trillion. The latest updates for the Paulson bailout plan are pushing $1.8 trillion. For next year, we will start the year in a pretty big financial hole and it’s going to have to be made up somewhere.

I bolded the last line - something I don’t hear us talking about a lot.

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3. Maggie Brooks rolled the dice and we lost
4. A Short Analysis of the Pittsford Village Results
5. Does he or doesn’t he want to add David Sirota as a D&C syndicated Columnist?