this feels like a game of “one of these things does not look like the others “. The tax cuts empirically have shown no long-term ROI, after a short term boost many of them show negative ROI. The G.I. Bill in contrast had an ROI of (conservatively) 20x.
tornado9015 on
The only number i know offhand is that total lifetime TARP spending after all the loans were repaid and all the profits from the assets the government purchased were realized was about $31B they use “real” dollars in this chart but i would absolutely not trust chatgpt to account for inflation as the money was spent and returned profits for each year over the 15 years of TARP spending and earning.
Either way though there’s basically no way inflation over 17 resulted in $443B over 15 years costing $640B in real dollars despite a $412B DIRECT return over 15 years, obviously not counting the indirect return of the entire economy not collapsing.
dsp_guy on
Another pattern:
ERTA: Republican president
Bush tax cuts: Republican president
TARP: Republican president
TCJA: Republican president
CARES: Republican president
2025 Tax Bill: Republican president
I still cannot fathom how Republicans are seen as fiscally responsible by their own voters.
fuzzywuzzybeer on
I think this is the kind of information we need to see make national news. We all know it, but we need the graphs and data to show it.
6 Comments
Image made using ChatGPT
this feels like a game of “one of these things does not look like the others “. The tax cuts empirically have shown no long-term ROI, after a short term boost many of them show negative ROI. The G.I. Bill in contrast had an ROI of (conservatively) 20x.
The only number i know offhand is that total lifetime TARP spending after all the loans were repaid and all the profits from the assets the government purchased were realized was about $31B they use “real” dollars in this chart but i would absolutely not trust chatgpt to account for inflation as the money was spent and returned profits for each year over the 15 years of TARP spending and earning.
Either way though there’s basically no way inflation over 17 resulted in $443B over 15 years costing $640B in real dollars despite a $412B DIRECT return over 15 years, obviously not counting the indirect return of the entire economy not collapsing.
Another pattern:
ERTA: Republican president
Bush tax cuts: Republican president
TARP: Republican president
TCJA: Republican president
CARES: Republican president
2025 Tax Bill: Republican president
I still cannot fathom how Republicans are seen as fiscally responsible by their own voters.
I think this is the kind of information we need to see make national news. We all know it, but we need the graphs and data to show it.
How are you figuring the TARP value?