Wednesday, January 28, 2009

Hope...With This Stimulus Package?!

How in the world does President BO expect me to have "hope" when he is proposing his current stimulus plan? $825 BILLION for what?! Much of the money won't even be spent for years, so how is that supposed to stimulate the economy NOW? Why not stimulate the economy via massive tax cuts that would almost immediately put spendable dollars in Ameican's pockets? Quoting columnist Thomas Sowell:

Using long, drawn-out processes to put money into circulation to meet an
emergency is like mailing a letter to the fire department to tell them that your
house is on fire.

Hope? I just hope middle class Americans like myself can financially survive the next four (maybe eight) years. What amazes me is to hear BO make comments like (paraphrasing here) "I want to make America a better place for my daughters." With this stimulus plan, I don't see it.

There is SO MUCH waste on things we don't NEED such as funding for the National Endowment for the Arts, not to mention money appropriated to organizations that actually already have a surplus of cash. And need I mention, the stimulus package includes money for BO's beloved ACORN!--why would we give those people another dime?!

So, just how much is $825 Billion (just shy of $1 Trillion)? Presient Reagan illustrated it best:

...the best way to understand a trillion dollars is to imagine a crisp, new stack of $1000 bills.

  • If you had a stack four inches high, you’d be a millionaire.
  • A trillion-dollar stack of $1000 bills would measure just over 63 miles high.
  • In $20 bills, a trillion dollar stack would be 3150 miles high. That’s about the distance between DC and Trujillo, Peru.

If you can stand it, here are some of the details of he stimulus package. WARNING: It ain't pretty.
How Big is Obama's Stimulus Package?
Breakdown of the Obama Stimulus Package
More Stimulus Facts


Scotty said...

This came in my e-mail a couple of days ago, mebbe this will help you understand it all better. It sure helped me!!!

This year, taxpayers will receive an Economic Stimulus Payment.
This is a very exciting new program that I will explain using the Q and A format:

Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. Only a smidgen.

Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn't that stimulating the economy of China?
A. Shut up."

Below is some helpful advice on how to best help the US economy by spending your stimulus check wisely:

If you spend that money at Wal-Mart, all the money will go to China .

If you spend it on gasoline it will go to the Arabs.

If you purchase a computer it will go to India.

If you purchase fruit and vegetables it will go to Mexico , Honduras , and Guatemala.

If you buy a car it will go to Japan .

If you purchase useless crap it will go to Taiwan .

And none of it will help the American economy.

We need to keep that money here in America.

You can keep the money in America by spending it at yard sales, going to a baseball game, or spend it on prostitutes, beer or tattoos, since those are the only businesses still.

Keith said...

Scotty: Now THAT sounds like a plan! Better than MILLIONS to resod the National Mall.

Just heard that the package passed without a single Rebublican vote. I got a feeling that's exactly what we're in's gonna be a rough four (eight?) years.