Amanda Shaw collects the numbers on the price tag for the new “stimulus” plan:
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.
Here are some thought experiments (some mentioned in video above):
* 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
* With $1.1 trillion, the grand total so far of Obama’s stimulus plan, we could pave the entire US interstate highway system with 23.5-karat gold.
To make things worse, the non-partisan Congressional Budget Office is saying that the stimulus plan will actually make things worse long-term.
HT: James Grant via Dustin Shramek. Also, Justin Taylor.
Here is where you come in. After reviewing this information, if you feel the trajectory that we are on is crazy then please contact your representative and let your voice be heard.
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