6.18.2009

Graphic: all US one-time expenditures vs the bailout


How much are we spending on this bailout? Here is an interesting graphic trying to lay it out for us who are visual learners.

The graphic shows "total costs to the taxpayer of all the monies spent, lent, consumed, borrowed, printed, guaranteed, assumed or otherwise committed. It is nothing short of astonishing.It includes the total outlay for all the bailouts to date. In just about one short year (march 2008 - March 2009), the bailouts managed to spend far in excess nearly every major one time expenditure of the USA, including WW2, the moon shot, the New Deal, Iraq, Viet Nam and Korean wars — COMBINED."(graphic and quote from Barry Ritholtz's Bailout Nation)

I'm not even one who is fully invested in these things, and I'm not gonna lie, I often am completely out of the loop. But when I saw this I was blown away.

1 comment:

christine said...

dang.
i know what you mean about not really being in the loop about such things.
but ... wow.