Source of data: http://www.kkr.com/company/insights/glob...
Putting Fiscal and Monetary Stimulus in Historical Context
The bail out numbers,amazing!
2008-2012 Fiscal and Monetary Stimulus
Economic stimulus checks
Bush Home Owners Bailout
Fannie Mae and Freddie Mac Bailout
Emergency Economic Stabilization Act of 2008 (TARP)
American Recovery and Reinvestment Act of 2009
Obama Home Owners Bailout
Small Business Loans
Quantitative Easing I
Quantitative Easing II
Extending Payroll Tax Cut
Quantitative Easing III **
Quantitative Easing IV **
Total Stimulus % GDP
** QE III was announced by the Federal Reserve on September 13, 2012 entailing purchases of mortgage backed securities at a pace of $40B a month, while QE IV was announced on December 12, 2012 and included additional purchases of long term Treasury securities at a pace of $45B per month. Both programs run until the unemployment rate falls below 6.5%, one and two year inflation expectations remain below 2.5%, and long term inflation expectations remain anchored. We have assumed these programs last 24 months. Data as at December 12, 2012. Sources: Treasury, Federal Reserve, New York Times, Bloomberg, KKR Global Macro & Asset Allocation analysis.