Quote:
Originally Posted by TrapperJohn
The cost of stimulus and bailouts is far higher - by an order of magnitude. Otherwise good info and good points.
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I know that the cost of the bailouts and stimuli is closer to the $10-20 trillion range if you include all the guarantees and what the Fed has done ($29 trillion according to one estimate); what I did was include the cost of the direct appropriations, specifically the 2008 Stimulus, the 2009 Stimulus, and TARP.
If you include the extra $28 trillion, it comes to a whopping $35 trillion, enough to buy 3500 Big Digs, which is simply a ridiculous number.