Tuesday, September 23, 2008

Cost of Wall Street Bailout

Isn't it funny how we can't find money for universal health care or education?

From First Read:

From NBC's Domenico Montanaro
Just how big is the proposed Wall Street bailout? Let's look at how it compares to some other numbers...

-- $700 billion: proposed Wall St. bailout

-- $695.4 billion: GDP of Taiwan. If the bailout were a country it would be the 21st largest GDP, larger than most nations.

-- $653 billion: cost of Iraq war (so far)

-- $515.4 billion: proposed 2009 Pentagon budget

-- $315 billion: McCain's nuclear energy plan

-- $295 billion: amount Pentagon overspent original budgets by.

-- $150 billion: Obama's energy plan

-- $50-$65 billion: Obama's health care plan, per year

-- $59.2 billion: proposed 2009 U.S. education budget

-- $10 billion: McCain health care proposals, per year

-- $38 million: Hank Paulson's post-2004 salary as Chairman, CEO of Goldman Sachs

-- 16.1 million: number of median Ohio household incomes ($43,371 as of 2004) that would add up to the bailout -- or about THREE Ohios.

No comments: