No, it wasn’t “just as bad.” $500 billion does not equal $827 billion.
Yes, it is.
Bush and Paulson opened the door to unfettered Socialism by pulling that bailout stunt in the autumn.
Regardless of the size, either one of the two Socialist porkulus proposals (Obama-Pelosi-Reid, McCain-Graham) would have pushed us through the door and into the glorious paradise flames of Socialist hell.
I keep thinking of Senator Everett Dirksen's famous quip: "A billion here, a billion there, and pretty soon, you are talking about real money."