So far, the bailouts are going to cost American taxpayers $ 4.6 trillion dollars. to put that number in perspective, here are the dollar amounts involved in a few other past expenditures:
Marshall Plan:
Cost: $12.7 billion,
Inflation Adjusted Cost: $115.3 billion
Louisiana Purchase:
Cost: $15 million,
Inflation Adjusted Cost: $217 billion
Race to the Moon:
Cost: $36.4 billion,
Inflation Adjusted Cost: $237 billion
S&L Crisis:
Cost: $153 billion,
Inflation Adjusted Cost: $256 billion
Korean War:
Cost: $54 billion,
Inflation Adjusted Cost: $454 billion
The New Deal:
Cost: $32 billion (Est),
Inflation Adjusted Cost: $500 billion (Est)
Invasion of Iraq:
Cost: $551 billion,
Inflation Adjusted Cost: $597 billion
Vietnam War:
Cost: $111 billion,
Inflation Adjusted Cost: $698 billion
NASA:
Cost: $416.7 billion,
Inflation Adjusted Cost: $851.2 billion
Yep--$ 4.6 trillion is a lot of money.
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