Ok lets try not to turn this into a 2-person discussion here. You are confused. Proof?
Quote:
Originally Posted by Azure
I'm not talking about the overall debt right now. I'm talking about how much money the Feds are spending to fix this 'crisis.'
$12.8trillion and counting.
From the article....
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Quote:
Originally Posted by Azure
Huh?
I said that if the Feds had spent $12trillion since September on the bailout, thats an average of $2 trillion per month. Equal to $24 trillion per year.
Where is my math wrong?
Don't demonize me. You were the one who misinterpreted what the articles ALL said.
Fact: The US Federal Reserve has committed to $12.8 trillion dollars to get the country out of the economic crisis.
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Quote:
Originally Posted by Azure
The US government has committed to $2 trillion per month since September to deal with the bailout.
I have already provided my proof for that, which you ignored.
I have also never said that Obama has spent the $12.8 trillion. I was referring to the Federal Reserve when I said 'Feds.'
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Committed? Sure, $12.8T or whatever. Spent?
$2T-3T