July 30, 2010

How’s That Bailout Working Out For You?

The numbers are staggering but I thought it might be worth checking in and looking at what your government has allocated to backstop the economy and how much has spent. Yielding Wealth has a handy chart which I have lifted for easy reference. But please notice what has been allocated vs what had been spent. What I find stunning is the amount allocated vs the amount spent. This does not include the Auto money. Nor does it include Nancy Pelosi and Obama’s plan to spend up to a trillion more.

Yielding wealth is a great sight for up to the minute consumer finance information. I highly recommend it.

 

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About Jim Vicevich
Jim is a veteran broadcaster and conservative/libertarian blogger with more than 25 years experience in TV and radio. Currently, Jim's the host of The Jim Vicevich Show on WTIC 1080 in Hartford. Prior to radio, Jim worked as a business and financial reporter for NBC30 - the NBC owned TV station in Hartford - and as business editor at WFSB-TV in Hartford for 14 years while earning six Emmy nominations and three Telly Awards.

Comments

  1. Wyndeward says:

    You know it is ugly out there when Oliphant can see the foolishness of the bailout…

    http://news.yahoo.com/comics/uclickcomics/20081222/cx_po_uc/po20081222

  2. russ says:

    still a shell game
    ? was there ever a pea

  3. Wyndeward says:

    Russ,if you sit down to a game and can’t identify the mark, it is because *you* are the mark.