Wednesday, February 11, 2009

For your reading enjoyment

Here is the link to the bills being hashed over in the Senate and House.

You know what makes me laugh? I can't wait to hear the pickering between Ms. Pelosi and Mr. Reed as their respective houses tyr to come to agreements on what should be included and what shouldn't be included. I can see that discussion getting very heating as each thinks that his or her bill is what is needed and every little item is essential to the survival of this country.

Funny thing though. The Congressional Budget Office has come out and said that yes, in the next couple of years these bills may help the economy BUT in the next 5-10+ years the economy would be BETTER off if we did NOTHING!!! Why? Becuase for eery dollar of additional debt we accrue there is a loss of private investment dollars. What drives the economy? Is it the government? Is it the private sector, aka YOU and ME? Ask the economist. It's US, not the government. All this money they are throwing at the problem is going to put us is worse shape. Why not just use those dollars, which we don't have and which the public needs more to boot, and burn them, at least then the midwest and east can have some heat to warm them from all the cold weather. What do you think? I think they might enjoy the warmth.

I am flabbergasted that there is such a lack of concern and foresight about our money and the debt our children will have to pay.

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