It's another case of people struggling with huge numbers. We just aren't prepared to tackle millions/billions/trillions very well.
Think back to anything you can speak to with some authority, personally or professionally. Think of the last time a reporter actually got it right. It does happen, and there are a few good journalists still out there who care about getting the facts and the issues right. But it's buried under a pile of ignorant rage-baiting slop.