29
Sep
08

How Big Is The Bailout?

You’ve probably heard about this ginormous bailout thing that the gubbermint is tossing to the financial sector. Big numbers have been thrown about. You may have heard something like “$2,000 for every man, woman and child in the US”. $700 Billion. Here’s some relative terms for you:

  • The Food Stamps program will cost $39 billion for 2008
  • Medicaid is $202 billion
  • The behemoth know as Social Security is $612 billion
  • $186 billion for the Iran and Afghanistan wars
  • Congressional “earmarks” or “pork” is a paltry $16.5 billion

Go ahead, read the chart. Have a drink…

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