Tuesday, September 23, 2008

Fiscal Conservatism.

First Read:

Just how big is the proposed Wall Street bailout? Let's look at how it compares to some other numbers...

-- $700 billion: proposed Wall St. bailout
-- $695.4 billion: GDP of Taiwan. If the bailout were a country it would be the 21st largest GDP, larger than most nations.
-- $580 billion: cost of Iraq war (so far)
-- $515.4 billion: proposed 2009 Pentagon budget
-- $315 billion: McCain's nuclear energy plan
-- $295 billion: amount Pentagon overspent original budgets by.
-- $150 billion: Obama's energy plan
-- $50-$65 billion: Obama's health care plan, per year
-- $59.2 billion: proposed 2009 U.S. education budget
-- $10 billion: McCain health care proposals, per year
-- $38 million: Hank Paulson's post-2004 salary as Chairman, CEO of Goldman Sachs
-- 16.1 million: number of median Ohio household incomes ($43,371 as of 2004) that would add up to the bailout -- or about THREE Ohios.


Depressing beyond words.

Meanwhile, it's been nearly a month since Putz's last "dude, where's my recession" post.

No comments: