on February 6, 2009 by pat in politics, Comments (1)

Two weeks of the Obama Administration

Amanda Shaw breaks down the cost of the price of Obama’s new stimulus package:

Adjusted for inflation, here are some other massive expenditures:

  • The Marshall Plan ($115.3 billion)
  • The space race ($237 billion)
  • The Korean War ($454 billion)
  • The New Deal ($500 billion)
  • The invasion of Iraq ($597 billion)
  • The Vietnam War ($698 billion)

So the proposed “stimulus” package costs more than the Marshall Plan, the Korean War, and the New Deal combined.

How much is a trillion dollars?

  • If you took collected a $1 million per day, ever day from the birth of Christ, in 2009 you’d only be about 3/4 of the way to a trillion.
  • If you got $1 every second, it would take almost 32,000 years to get to a trillion.
  • If you stacked a trillion dollar bills on top of each other, it would go 68,000 miles into space–1/3 of the way to the moon.
  • If you took 100-dollar bills and put them side to side, it would circle the equator 38.9 times

The non-partisan Congressional Budget Office (CBO) believes this plan will make things worse in the long term.

(HT: JT, DJP)

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