Terrific visualization from Information is Beautiful showing a treemap of different government spending that helps contextualize what $1B large is.

Please note how the size of the Bailouts overwhelm everything else — Defense, education, wars, entitlements, etc:

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Spreadsheet here

Category: Bailouts, Digital Media, Taxes and Policy

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

10 Responses to “What is a Billion Dollars?”

  1. jeff in indy says:

    i thought we passed the Dirksen axiom years ago.

  2. wally says:

    Hmmmm… the Iraq-Afghanistan wars cost $49,000 for every man, woman and child in those countries?
    I know the war is really a US stimulus measure, but a direct grant to people in those countries certainly would have been appreciated.

  3. franklin411 says:

    Also, please note that the $11 trillion bailout figure is complete and utter baloney.

    I followed the links from the graphic back to their source on that number, and here is what it says:

    “Although much of the total may never be called on, the potential outlay still dwarfs any previous repair bill for the global economy.”

    IE, it’s a made up number designed to elicit an outraged response from gullible bloggers.

  4. Greg0658 says:

    I don’t the Billion square – is it a pixel?

  5. The Everett McKinley Dirksen axiom, for those who are unfamiliar:

    “A billion here, a billion there, pretty soon, you’re talking real money”.

  6. NoKidding says:

    As always:

    1) Social programs funded with long term debt are recorded as this years cost only.
    2) The war in Iraq is recorded as nine years cumulative costs plus estimated future interest on debt assuming 100% debt funding.

    The method works against the point the author wishes to make, but political brain rot is incurable.

  7. NoKidding says:

    Funny also how Medicade and Medicare are positioned as far as possible from Department of Defense with non US government items in the gap between.

    The DoD is placed in position for handy comparison to the estimated cost of lifting 10 percent of the world population out of extreme poverty.

    The graphic communicates much more about its source other than anything about bailouts.

  8. Robespierre says:

    franklin411 Says:
    “Also, please note that the $11 trillion bailout figure is complete and utter baloney.”

    So make it 1/2, make it a 1/4 hell make it 1/8. In a system called capitalism a penny is a penny to much to bail out “the bastion” of capitalism then again that money gets recycle back to senators, congressman and government officials one way or another. Call it trickle down corruption economics