Wow....
Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion
Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion
Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion
S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion
Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion
The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)
Invasion of Iraq: Cost: $551b, Inflation Adjusted Cost: $597 billion
Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion
NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion
TOTAL: $3,920,000,000,0002008
BAILOUT TOTAL AS OF NOV 2008: $4,616,000,000,000
Now, it should be noted that this is sort of apples and oranges, the bailout is a loan, not an expenditure and we expect to get some of this money back... but that will be in the future (Sometime... not this year) and the government didn't print that money to be given away, it is borrowed against our assets.
I'm not saying anything for or against the bailout (Honestly, I'm underinformed on it, so I can't, in good conscience, say anything for or against...)... This is simply something I saw and thought it was interesting. :)
---Fascinated...
Labels: Politics
2 Comments:
Doing my Economics module right now for the Public Health Masters, I can tell you that all things are equal, but some things are more equal than others. And apparently that statement applies not only to health care.
-- Mal.
Yep... Indeed it does. I don't know, the more I learn about this, the more I'm becoming against it.
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