Sunday, April 26, 2009
HT Theo Spark for linking to this graphic from last November at Voltage.
World War II cost in the same range as the bailout, maybe a little more at first or maybe less with interest. One commentator at Voltage did mention that in fairness the growth in the population should be considered. Yes population growth matters but this graph drives the point home that what the Democrats are doing is in no way, shape or form an investment. It is a conscious destruction of the American economy. One of the Belmont Club commentators twobyfour has explored this point with reference to the Frankfurt School and Gramsci.
Click to see the pie charts, they drive the point home.