Baily Talks Stimulus Plan

Baily recently was investigating the newly signed stimulus package online.

So the stimulus plan is like almost 800 billion dollars. You can sure buy a lot of dog biscuits for that kind of money. Baily was wondering what else you could buy for 800 billion. The following information is provided from Clearview economics and are cost adjusted for 2009 dollars.

• Louisiana Purchase - 261 million (in 2009 dollars)
• Panama Canal - 7 billion
• The entire NEW DEAL - 500 billion (and that supposedly brought us out of the great depression)
• 35 years of the Interstate highway system - 800 billion (at least we have roads to show for it)
• WWII - 4 Trillion (in 2009 dollars)

So for a plan that's costing double the NEW DEAL, and equal to 35 years of highway construction. Some improvements in the electrical grid is about all the infrastructure improvements we may see from this.