Here are some numbers out this week in the media.
$1.2 trillion - Deficit forecast for 2009
693,000 – Job losses in December 2008
$166 billion - Loss in tax revenue in 2009
Percentages (smaller numbers)
2.2% – contraction of the economy in 2009
8.3% - Deficit as a percentage of GDP
9% - Unemployment by the end of 2009
Graphjam sums it up very simply:
