posted: December 5, 2008
For the Kinsley commentary in TIME...
Is anyone else having trouble getting their head around the constant talk of billions of dollars? And just when you feel like there might be a cieling to the billions, a discussion of trillions begins. And then there is this nagging feeling that no matter how much money we (taxpayers) throw at the problems (incompetence, fraud, gluttony), it's like shoveling it into a bottomless pit. Hence my idea for the current TIME commentary page on bailouts.
Eric Braddock December 5, 2008
Nice! And yes, I do feel like we've begun a bottomless pit that the taxpayer's dollars are just disappearing into nothingness. I think this idea you've come up with illustrates the situation really well, and I am also a fan of the generic bag of money with the dollar sign on it :)
John Dykes December 5, 2008
Great one David! Love the idea esp - but also the nice variations in the brown line work.
David Flaherty December 5, 2008
David, I'm feeling that way about the MTA in NYC. They now are proposing tolls on east river bridges. A commuter tax aimed at the self employed. No talk of properly running a company or cutting costs or wages. AHHHHHH!
Dale Stephanos December 5, 2008
Great idea David. Beautiful drawing too. I've been enjoying your work for Time. A wise man once told me "there is no bottom".
larryroibal December 5, 2008
The numbers start to get abstract. A trillion dollars is a million million. If you laid one dollar bills end to end, you could make a chain that stretches from earth to the moon and back again 200 times. One trillion dollars would stretch nearly from the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills. The tab so far for bailouts has reached 8.5 Trillion Dollars! I wonder how long it will take my great, great, great grandchildren to pay it back to China.