Just a quick note on language, but I noticed a number of deal critics throughout the day refer to the bailout package as involving “nearly $1 trillion.” I’m outraged, too, but you need to be careful when rounding very large numbers. If somebody was trying to sell you a $7 hamburger, you might get upset and complain that it cost “nearly $10” but you certainly wouldn’t complain that it cost “nearly $300 billion.”

Matthew Yglesias