Sunday, November 16, 2008

The TARP Vs. Other Government Spending Programs

How Does The Current Size Of The TARP Compare With Other Government Projects Over Time?

Through out the history of our Republic, the government has undertaken many large projects, programs and actions for the good of the people. In today's dollars, how do they compare in size with the TARP? In adjusted dollars, only two are more costly.
  • The Hoover Dam: 1930-1935 Cost: $45 MM Todays Dollars : $782 MM
  • The Panama Canal: 1904-1914 Cost: $375 MM Todays Dollars: $7.9 B
  • Gulf War 1: 1990-1991 Cost: $ 61 B Todays Dollars: $ 98 B
  • Marshall Plan: 1948-1951 Cost: $12.7 B Todays Dollars: $ 115.3 B
  • Louisiana Purchase: 1803 Cost: $ 15 MM Todays Dollars: $ 217 B
  • Moon Race: 1958-1969 Cost: $36.4 B Todays Dollars: $237 B
  • S&L Crisis: 1986-1995 Cost: $153 B Todays Dollars: $ 256 B
  • Korean War: 1950-1953 Cost: $ 54 B Todays Dollars: $ 454 B
  • New Deal: 1933-1943 Cost: $ 32 B Todays Dollars: $ 500 B
  • Gulf War 2 and war on terror: 2003-? Cost: $551 B Todays Dollars: $ 597 B
  • Vietnam War: 1964-1972 Cost: $111 B Todays Dollars: $ 698 B
  • NASA: 1958-2008 Cost: $ 416.7 B Todays Dollars: $ 851.2 B
  • WW II: 1941-1945 Cost: $ 288 B Todays Dollars: $ 3.6 T

MM: Millions, B: Billions, T: Trillions

Information from CNBC.com

No comments :

Post a Comment

;