★ Stimulus Packages From Around the World | jordoncooper.com
How much money is being spent around the world on various stimulus packages? And in the US, how much money are we committing, historically speaking?
USA :: Well, according to some sources, to put the bailout dollar amounts into proper historical perspective. The current Credit Crisis bailout is now the largest outlay In American history. Crunching the inflation adjusted numbers, we find 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
Bailout Cost: $4.6165 trillion dollars
via Stimulus Packages From Around the World | jordoncooper.com.
Obama would never have done this soft tyranny had he not seen the bottom dropping out of this poll numbers.