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To put the $8.5 trillion bailout in perspective...

ruger270manruger270man Member Posts: 9,361 ✭✭
edited November 2008 in General Discussion
Here are the costs of major government expenditures, adjusted for inflation. The total cost of the bailout so far, $8.5 trillion, is more than all of these 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
World War II: Cost: $288.8 billion, Inflation Adjusted Cost: $3.6 trillion


total: $7.52 trillion

still about a trillion short...
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Comments

  • jon ojon o Member Posts: 1,755 ✭✭✭✭✭
    edited November -1
    Thats more than I make in a year!!![8D][8D][8D]
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  • joshmb1982joshmb1982 Member Posts: 8,228 ✭✭
    edited November -1
    im behind the times. whats this 8.5 trillion? last a heard(a few weeks ago) it was still at the 700 billion
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  • dan kellydan kelly Member Posts: 9,799
    edited November -1
    when you think about it, ww2 didn`t really cost much in the way of money to fight... if anyone had of asked me how much i thought it would have cost the u.s. in money i would have put it a lot higher than that...it`s a shame it had to cost so much in human life and suffering though [V][:(][V][:(]
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  • KEVD18KEVD18 Member Posts: 15,037
    edited November -1
    i love it when i get one of these turds in my email becuase i can almost time my watch by when i see it on the forum......
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  • wallbangerwallbanger Member Posts: 181 ✭✭✭
    edited November -1
    quote:Originally posted by joshmb1982
    im behind the times. whats this 8.5 trillion? last a heard(a few weeks ago) it was still at the 700 billion


    He said adjusted for inflation , What the dollar was worth then and now.
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  • Hunter MagHunter Mag Member Posts: 6,610 ✭✭✭
    edited November -1
    quote:Originally posted by KEVD18
    i love it when i get one of these turds in my email becuase i can almost time my watch by when i see it on the forum......

    Sounds like you should get rid of your e-mail account if you despise it that much.
    Besides you can just read everything here right?
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  • quickmajikquickmajik Member Posts: 15,576 ✭✭✭
    edited November -1
    The bailout was about 7.5 T. the last time I watched the news last week, But, I was to understand it was only going to be a total of 1 trillion and change a month ago. So There is no telling how much they plan to suck from the tax payer, it could be 10T. by December. From my understanding 7.5 Trillion is more then half of what America as a country made last year gross before taxes. Where they are getting this money is beyond me.
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