$4.6165 trillion: the bailout in perspective

Jim Bianco of Bianco Research crunched the inflation adjusted numbers. The bailout has cost more than all of these big budget government expenditures – combined:

• Marshall Plan: $12.7 billion, Inflation Adjusted: $115.3 billion
• Louisiana Purchase: $15 million, Inflation Adjusted: $217 billion
• Race to the Moon: $36.4 billion, Inflation Adjusted: $237 billion
• S&L Crisis: $153 billion, Inflation Adjusted: $256 billion
• Korean War: $54 billion, Inflation Adjusted: $454 billion
• The New Deal: $32 billion (est), Inflation Adjusted: $500 billion
• Invasion of Iraq: $551b, Inflation Adjusted: $597 billion
• Vietnam War: $111 billion, Inflation Adjusted: $698 billion
• NASA: $416.7 billion, Inflation Adjusted: $851.2 billion

TOTAL: $3.92 trillion

(via Barry Ritholz)

3 years ago  /  Notes