Bailouts & Bonuses

Two articles about the ongoing financial crisis/money-grab, one from Paul Krugman of the New York Times and one from Eugene Robinson of the Washington Post.

My bailout factoid for the day:

If the $18,000,000,000 paid as bonuses to executives in bailed-out companies last year was recovered and given instead to the 2,600,000 children, age 3 and under who live in poverty in the US, every one of those children would receive $6,923.08, enough for diapers, food and other basic needs for a year.

Poverty data from the National Center for Children in Poverty

Leave a Comment

Filed under Uncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *