Thursday, February 19, 2009

It’s Just Money!

What the stimulus package could buy?
President Obama signed the $787 billion economic stimulus bill into law. About $281 billion of the stimulus will go to new tax cuts with the remainder being spent on infrastructure investments, expanded unemployment benefits, and other programs.
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More than 222 billion Big Macs
Since many look to the Bic Mac index to understand exchange rates, it might help put the stimulus package in perspective. With the Big Mac currently worth about $3.54, the stimulus could purchase over 222 billion of the beloved burgers.
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