Monday, December 29, 2008

Wow, just wow

WSJ article:

President-elect Obama has pledged a $1 trillion stimulus package. To put it in perspective, that sum would exceed, in inflation-adjusted dollars, government spending on the New Deal, the
savings-and-loan crisis and the Marshall Plan combined, according to Bianco Research.

USA Today article

This [stimulus package] is expected to carry a price tag of as much as $850 billion over two years. How much is that? Think of it this way: It's twice the $425 billion (adjusted for inflation) it took to build the 42,700-mile interstate highway system started in the 1950s, and more than the entire cost of the Vietnam War ($698 billion). It's huge.

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