Adding up the two columns in the chart (I did it in my head so hopefully I’m not too far off) it looks like about $200B has been paid back. So, while we’re still $500B short of a profit, we’re still doing better than I had originally feared.
Prediction: expect the Obama administration, which has been mendaciously inflating Bush’s last annual budget deficit by the $700B allocated to the TARP fund, to claim every penny paid back as a reduction of their first year deficit.
Adding up the two columns in the chart (I did it in my head so hopefully I’m not too far off) it looks like about $200B has been paid back. So, while we’re still $500B short of a profit, we’re still doing better than I had originally feared.
Prediction: expect the Obama administration, which has been mendaciously inflating Bush’s last annual budget deficit by the $700B allocated to the TARP fund, to claim every penny paid back as a reduction of their first year deficit.
Aha! Thanks for the link.