STOP THE "STIMULUS" PACKAGE NOW!!!!!
A terrific read--"The Case for Doing Nothing" from Politico.
According to Heritage...
After Congress appropriates the FY’09 omnibus bill, they may have spent over $1.4 Trillion in less than one month!The current “stimulus bill” will be the LARGEST SPENDING BILL EVER enacted by Congress, making the New Deal look small, accounting for inflation.
The “Stimulus” Bills Your Family – $825 Billion is equivalent to borrowing $10,520 from EVERY FAMILY IN AMERICA. This money has to be paid back.
If all families were asked to equally shoulder the burden of $825 Billon, this debt would be equivalent to what they roughly spend on food, clothing, and health care in an entire year.
If Government Spending solved recessions, we would never have recessions.
PLEASE TELL ME HOW THE FOLLOWING ARE "STIMULUS?"
- Over $142 Billion in Federal education funds
- Expanded Medicaid coverage and SCHIP
- Digital TV Coupons ($650 Million)
- Gov’t Cars ($600 Million)
- Nat’l Endowment for the Arts ($50 Million)
- Repairs to National Mall ($200 Million, including $21m for sod)
The Congressional Budget Office estimates that only 52% of the spending in the ‘stimulus bill’ can even be spent by the end of FY’10. Well short of the 75% benchmark set by President Obama.
1 comment:
America Voted for Ice Cream! (I did not write this, not sure who did)
Who worries about "the cow" when it is all about the "Ice Cream?
Ice Cream & The Election
The most eye-opening civics lesson I ever had was while teaching third grade this year. The presidential election was heating up and some of the children showed an interest. I decided we would have an election for a class president. We would choose our nominees. They would make a campaign speech and the class would vote.
To simplify the process, candidates were nominated by other class members. We discussed what kinds of characteristics these students should have. We got many nominations and from those, Jamie and Olivia were picked to run for the top spot. The class had done a great job in their selections. Both candidates were good kids. I thought Jamie might have an advantage because he got lots of parental support. I had never seen Olivia's mother.
The day arrived when they were to make their speeches Jamie went first.
He had specific ideas about how to make our class a better place. He ended by promising to do his very best. Everyone applauded. He sat down and Olivia came to the podium. Her speech was concise.
She said, "If you will vote for me, I will give you ice cream." She sat down.
The class went wild. "Yes! Yes! We want ice cream." She surely could say more. She did not have to.
A discussion followed. How did she plan to pay for the ice cream? She wasn't sure. Would her parents buy it or would the class pay for it? She didn't know. The class really didn't care. All they were thinking about was ice cream. Jamie was forgotten. Olivia won by a landslide.
Every time Barack Obama opened his mouth he offered ice cream and fifty-two percent of the people reacted like nine year olds. They want ice cream.
The other forty-eight percent of us know we're going to have to feed the cow and clean up the mess.
All I can add to this is "AMEN!"
David Montgomery
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