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bitmasher's picture
Location: Colorado
Joined: 02/27/2002
Posts: 2973
Financial Bailout Tally

For those interested in the depth and cost of the proposed/instituted financial bailouts, please read on:

The graph on the side gives values of programs implemented thus far. Note that some programs do not have projected/fixed costs yet, like for example the FDIC which bailouts out bank deposits in banks that default.

The graph also compares this group of bailouts to the cost (in inflation adjusted dollars) of say the Louisiana Purchase....

Note that the U.S. GDP is around $13 trillion, with current bailout programs totaling around $4 trillion and climbing.

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