Chronicles Of Depression 2.0: #416: $4.28T DUH!
Given the speed at which the federal government is throwing money at the financial crisis, the average taxpayer, never mind member of Congress, might not be faulted for losing track.
CNBC, however, has been paying very close attention and keeping a running tally of actual spending as well as the commitments involved.
Try $4.28 trillion dollars. That’s $4,284,500,000,000 and more than what was spent on WW II, if adjusted for inflation, based on our computations from a variety of estimates and sources.
Emphasis added by me.
And I suppose they’re all, like, Shocked and Awed over that?
Someone get the smelling salts when they learn to parse one quadrillion dollars.
And it wasn’t just money that gave us a victory back then …
… you better match and then surpass that in your inaugural speech, Mr. O!