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Replies to post #234 on NEWS

Replies to #234 on NEWS

D-Block

12/23/08 3:18 PM

#235 RE: D-Block #234

say that again?! -

"The New Deal, for instance, cost an estimated $32 billion in its day, which would be about $500 billion in today’s dollars. The Marshall Plan cost about $12.7 billion, which is the equivalent of a paltry $115.3 billion. The Louisiana Purchase? The French got $15 million, which would be worth about $217 billion today.

If you take those three items, add in the adjusted costs of the Race to the Moon, the savings and loan crisis, the Korean War, the Iraq war, the Vietnam War and assistance for NASA, you still get to just $3.92 trillion — not even half of the taxpayers’ exposure today, according to Bianco.


We should be swimming in money like Scrooge McDuck! Where is it all? The "bailout" money alone would have given $30,000 to every man, woman and child in the USA. Nope, instead, everything is worrying about going under.

WE'RE NOT EVEN TALKING ABOUT INTEREST HERE!

oh, and check this thing out:
http://www.brillig.com/debt_clock/

the national debt increases at a rate of three and a half billion dollars PER DAY.