Tally of Federal Rescues

In the Sunday NYT print edition, there is an excellent visual depiction of costs all the Federal bailouts relative to ordinary fiscal expenditures (Iraq & Afghanistan Wars, Medicaid, stimulus package, social security, etc.)

It is extraordinary to see how our on the fly, poorly thought out cures are so much more expensive the debated, modified, well known “ordinary” expenditures of the government.

The NYT buried this graphic, which you could never have found online unless you first saw it in the dead tree edition and then went a-huntin for it.

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A Tally of Federal Rescues:

click for ginormous version

graphic courtesy of the NYT

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An ounce of prevention is truly worth a pound cure

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