Thursday, March 20, 2008

How much is $87Billion?

1- National Debt :The total amount the federal government has borrowed -- not just in one year, but the total for all the years it has
Trade Deficit: is the difference between what u.s companies export and what U.S companies import into U.S.



2-The difference is that the national debt is the amount cumulative over the year and the trade deficit is what is cumulative.

3-Today the national debt is $9.2 trillion and the trade deficit is about $58,200 million

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