The Federal Reserve Bank of Dallas report, Assessing the Costs and Consequences of the 2007–09 Financial Crisis and Its Aftermath: "Our bottom-line estimate of the cost of the crisis, assuming output eventually returns to its precrisis trend path, is an output loss of $6 trillion to $14 trillion. This amounts to $50,000 to $120,000 for every U.S. household, or the equivalent of 40 to 90 percent of one year’s economic output.   …output may never return to trend—the path of future output may be permanently lower than…

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