What could you do with $700 billion?  E-mail
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Tuesday, 30 September 2008
If the $700 billion price tag attached to the bailout plan that failed sounds like a lot, well, it is. You can spend $700 billion in a lot of different ways. For instance, you could buy a war -- the U.S. has spent $648 billion on the war in Iraq so far. That much money could ensure universal health care coverage for six years or upgrade the country's most deficient bridges four times over. Or you could build 1,750 bridges to nowhere. Surely all of those would eventually take you somewhere. With $700 billion you could easily run Denmark, which had a paltry gross domestic product of 312 billion last year. That much money could also pay back every single outstanding student loan, fund the national intelligence budget beyond 2020, or help the Gulf Coast recover from five Hurricane Katrinas.
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