Word: trillions
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Dates: during 1980-1989
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...real growth of 3.5% a year and inflation of a further 3.5% (just suppose). That would mean an economy growing at 7% a year -- half real, half inflation. What would that mean for the $2.5 trillion national debt...
...first step in medical reform must be cost containment. Americans spent half a trillion public and private dollars on health care last year. Costs are skyrocketing at a yearly rate of 8.5%, more than double that of inflation and faster than in any other segment of the federal budget. By 1990 health-care costs will consume more than 12% of the nation's GNP, further draining resources from defense, education and other vital federal programs. President Bush or President Dukakis will be greeted his first year in office with a Medicare bill of $101 billion...
...unique for each individual, and a matchup between a crime-scene sample and material obtained from the accused (usually in a blood sample) is virtually unassailable, say experts. Declares John Huss of Cellmark Diagnostics in Germantown, Md., another DNA-testing firm: "Except for identical twins, one in 4 trillion or 5 trillion people might share the same genetic fingerprint...
With the Federal Government straining under a $2.6 trillion debt, it is obviously unrealistic to expect that low-cost housing funds will be restored to pre-Reagan levels. But any serious program to stem homelessness is going to require money. The National Coalition for the Homeless estimates that it would cost $4 billion to build 280,000 additional units of housing over the next two years...
Junk bonds are piling up on top of a huge mountain of existing debt. The world's commercial banks hold almost half of the $1.2 trillion in Third World debt. That debt is choking growth in half the world, and most of it will never get repaid. At the same time, both banks and savings and loan associations have made billions of dollars' worth of bad loans to the real estate and energy industries...