Do the American people understand what a horrible idea the “stimulus” bill really is?
It is not only bad…it is going to be the downfall of this country as we know it today. However, people were warned but people wanted Obama and I believe it was because he pounded the words “stimulus” and “checks” in his campaigns. Dumb greed took hold and instead of people being smart and researching…all they hear is “a check” and voted him in office. 1. In order for the government to put money into the economy, it first must take money out of the economy. Government stimulus plans are government spending programs. Stimulus plans require new taxation or borrowing. Any gain realized by government spending will be quickly absorbed back by the government. 2. When the government borrows to fund spending programs more money has to be taken out of the economy than was originally put in. So in reality, this stimulus plan will have a negative effect on the economy. 3. The federal government has made a lot of promises in your name. It has committed you to pay most of the health care expense
