Sent to you by David via Google Reader:
Marshall Plan, Louisiana Purchase, the Moonshot, S&L Crisis, Korean War, and even The New Deal, which has been derided by some as being like the most expensive socialist thing ever, can't hold a candle to the payouts from the attempts to fix the current economic crisis. Take NASA. As Meg pointed out to me over IM, there's never been any fun beach excursions provided by NASA. The same, however, cannot be said for the current bailout, especially if your name begins with an A, ends with a G, and there's an I in there.
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: $3,920,000,000,000
2008 BAILOUT TOTAL AS OF NOV 2008: $4,616,000,000,000
Scary Bailout Money Info Graphic [Voltage Blog based on a BoingBoing post which was based on data crunched by Jim Bianco of Bianco Research]
Things you can do from here:
- Subscribe to Consumerist using Google Reader
- Get started using Google Reader to easily keep up with all your favorite sites
No comments:
Post a Comment