Replies to post #8278 on A Republic, if you can keep it

[NYBob]

Just How Much Is the Bailout? -

http://www.dailypaul.com/node/74263

November 25, 2008

Just How Much Is the Bailout?
Posted by Lew Rockwell

Thanks to Steve Berger:

If we add in the Citi bailout, the total cost now exceeds
$4.6165 trillion dollars.

People have a hard time conceptualizing very large numbers,
so let’s give this some context.

The current Credit Crisis bailout is now the largest outlay
In American history.

Jim Bianco of Bianco Research crunched the inflation
adjusted numbers.

The bailout has cost more than all of these big budget
government expenditures – combined:

• 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: $3.92 trillion

http://www.lewrockwell.com/blog/lewrw/archives/024178.html

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