Discussion in 'Economics' started by ByLoSellHi, Feb 4, 2009.


    Answer: Less that the likely total aggregate cost of the 'bailout,' yes, in today's dollars.

    East Coast Economics
    Putting Things Into Perspective: The Bailout

    The government is adding to the bailout tab almost daily, and no slowdown is in sight. The total cost of equity infusions for financial institutions, guarantees and lending facilities to date is estimated anywhere between $4 and $8 trillion, depending on which programs are included in the count. The following chart shows some of the biggest ticket items in the US budget over the last 200 years, adjusted for inflation (i.e. in today’s dollars).

    Below is the same chart, this time including the 2008 / 2009 bailout package (using the most conservative end of the range with an estimated total cost to date of $4.3 trillion). For reference, the total cost of World War II to the US was roughly $3.6 trillion.

    Remind me why people are still talking about “deleveraging”?

  2. Shorten your title or just delete the thread.
  3. Second that.
  4. Tried to delete thread to accommodate you, and shorten the title - it won't let me.

    This isn't 1st time ET system tells me I don't 'have permission to access' my own thread for deletion, guys.
  5. yaaawn
  6. Go buy some more POT at $300/share!!!