Free Credit Score Quiz

Adjusted for inflation, the cost of Obama's credit bailout is less than which of these previous government expenditures?

1 - Marshall Plan
2 - Louisiana Purchase
3 - Race to the Moon
4 - S&L Crisis
5 - Korean War
6 - The New Deal
7 - Iraq War
8 - Vietnam War
9 - NASA

Answers below:



Unfortunately, it's a trick question. The bailout is $686 billion MORE THAN ALL OF THEM COMBINED!

1 - Marshall Plan: Cost: $12.7 billion, Inflation Adjusted Cost: $115.3 billion
2 - Louisiana Purchase: Cost: $15 million, Inflation Adjusted Cost: $217 billion
3 - Race to the Moon: Cost: $36.4 billion, Inflation Adjusted Cost: $237 billion
4 - S&L Crisis: Cost: $153 billion, Inflation Adjusted Cost: $256 billion
5 - Korean War: Cost: $54 billion, Inflation Adjusted Cost: $454 billion
6 - The New Deal: Cost: $32 billion (Est), Inflation Adjusted Cost: $500 billion (Est)
7 - Iraq War: Cost: $551b, Inflation Adjusted Cost: $597 billion
8 - Vietnam War: Cost: $111 billion, Inflation Adjusted Cost: $698 billion
9 - NASA: Cost: $416.7 billion, Inflation Adjusted Cost: $851.2 billion

The only single American event in history that even comes close to matching the cost of the credit crisis is World War II: Original Cost: $288 billion, Inflation Adjusted Cost: $3.6 trillion.

The $4.6165 trillion dollars committed so far (to bailouts) is $979 billion dollars greater than the entire cost of World War II borne by the United States: $3.6 trillion, adjusted for inflation (original cost was $288 billion).