Economist Barry Ritholtz has calculated the combined cost of the massive Federal Bailouts this year, and arrived at a total $4.6 Trillion so far.
That makes the bailout more expensive than all these programs combined (in adjusted dollars):
- Marshall Plan
- Louisiana Purchase
- Race to the Moon
- S&L Crisis
- Korean War
- The New Deal
- Invasion of Iraq
- Vietnam War
- NASA (all-time budget)
Mr. Ritholtz’s calculations are available for download, and include a lot more than the $700 Billion TARP fund.




Comments