There are some stretches. The 'worst case' cost of the US financial crisis to US Government only makes sense if you include sub-employment GDP Gap as a cost (which it is, but most don't include it and that's a hit for the US as a whole rather than the Feds). Also the New Deal vs. 2009 bailout doesn't account for the US of 1930 versus a vastly larger and richer nation. Between population and economic growth the US economy is probably at least 20-50 times bigger than in 1930.
I did like $465 to "Feed and educate every child on earth for 5 years" vs. $316 - Bribes received by Russian officials.
Post a Comment