Tuesday, January 6, 2009

The Tab for the Current Economic Crisis

Well, the tab is finally coming in for the "economic crisis". So far, the goverment has spent or is planning on spending $8.5 trillion in bailouts and "economic stimulus".



The tab works out to about $142,000 per American household. This is debt, that will have to be repaid at some point in the future. This figure does not include the "evaporation" of wealth that accompanied this "economic crisis".

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