>Also note that 4 trillion dollars (or even 7) is less than half your gross domestic product. Also note that no recession has cost more than a 13.0% decline in

>Also note that 4 trillion dollars (or even 7) is less than half your gross domestic product. Also note that no recession has cost more than a 13.0% decline in real GDP, and the median recession costs about a 1.0% decline in real GDP. These bailouts are almost certainly more expensive than the recession they aim to prevent. And that is not even considering the costs of the long-term moral hazard they create, and the costs keeping inefficient industries on government life-support.