Tag Archives: bail out

Wow — 12.8 Trillion Dollars

This is from Bloomberg today. So far, the Fed and the Federal Government has dedicated 12.8 trillion dollars to “stimulus” type packages. It’s just numbers now, isn’t it? This has become so disconnected from reality that really, is there anyone that internalizes this stuff any longer? Here’s the key: $42,105 for every man, woman, and child in the United States. That’s what we’re on the hook for. Think about that figure for a minute. Now, admit it: it can’t be real, right?

As Glenn Reynolds has been saying, “The country is in the very best of hands.”