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Breaking Even on TARP
TARP (aka the "$700b taxpayer-funded-wall-street-bailout) is the most reviled government program in recent memory. The public backlash gave birth to both the Tea Party and Occupy movements, and politi... cians flee for their political lives at its mention. But a funny thing happened on the way to the revolution. The economy was stabilized, credit markets were unfrozen, and the U.S. auto industry (and all of its jobs) was pulled back from the brink of oblivion. Oh, and -- as this infographic illustrates -- that $700b bailout (actually a $415b loan) is on track to break even or possibly turn a profit for American taxpayers. How you like me now?
Rank: 408 of 2349 in Politics
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