Putting Bailouts Into Perspective

Bailouts Cost More Than All U.S. Wars and Many Big Programs Combined, PR Newswire

"Casey Research has analyzed the costs of the government bailouts of the housing crisis, the credit crisis and others and has concluded that the total is $8.5 trillion - more than the cost of all U.S. Wars, the Louisiana Purchase, the New Deal, the Marshall Plan and the NASA Space Program combined. "When we consider the costs of these programs, even when adjusted for today's dollars, we see that our most expensive government efforts of the past were relative bargains and that we are wasting a terrible sum of money with the current bailout," said Olivier Garret, CEO of Casey Research."

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This page contains a single entry by Keith Cowing published on December 8, 2008 3:54 PM.

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