From MSN:

After the Sept. 11 attacks, Washington pledged $22 billion to help rebuild in lower Manhattan. At the time, that sum sounded enormous. It was more than one-fourth of the $80 billion budget that New York state had adopted a month before. Though some called for even more aid, the country at large was satisfied that this response was adequate to cope with calamity on a colossal scale.

Oh, how far we’ve come.

In early October of 2008, Congress appropriated $700 billion to rescue Wall Street’s financial institutions. Once that was done, the sky was the limit, and the numbers became dizzying.

For comparison… In 2002, the New York City comptroller released a report detailing the economic costs to the city of the terror attacks on the World Trade Center: between $83 billion and $95 billion, of which $17 billion were lost wages, and nearly $3 billion in lost taxes.

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