List Of Government Expenditures That Cost Less Than Credit Crisis Bailout
The Big Picture:
Whenever I discussed the current bailout situation with people, I find they have a hard time comprehending the actual numbers involved. That became a problem while doing the research for the Bailout Nation book. I needed some way to put this into proper historical perspective.
If we add in the Citi bailout, the total cost now exceeds $4.6165 trillion dollars. People have a hard time conceptualizing very large numbers, so let's give this some context. The current Credit Crisis bailout is now the largest outlay In American history.






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First Posted: 11-25-08 11:50 PM | Updated: 12-26-08 05:12 AM