Americans Getting $13/Week In Tax Relief In Exchange For $800 Billion In “Stimulus” Debt
Somehow Nancy Pelosi, Harry Reid and the Democrats in Congress have managed to make this government growth package go from bad to worse. It seems as though their main goal was not in the details, but in making sure that they got the total number under $800 billion … they assume that $789 billion is an easier number for the public to stomach. Yeah, right. It sure feels a lot better to me. Trouble is, with debt service this is still well over one trillion dollars. That’s alottazeros.
What we got in the end was a bill that is two-thirds spending and the rest are “tax cuts”. The “tax cuts,” of course, are government handout checks. Welfare. For the most part, these spending projects are funding the Democrat platform: green energy, universal healthcare, “tax cuts” for the middle class and poor. Obama’s signature “Making Work Pay” tax credit is going to provide an extra $13 a week in take-home pay. $13 whole dollars! What are you going to buy with that?? That’s $1.86 a day! Now you get out there and spend that extra two bucks (almost) a day to get our economy moving again, you hear?
Yesterday I posted about the stimulus bill having been slimmed down to under $800 billion. But the “slimming” that was done added more spending, and took away a whole lot of the tax credits that at least were marginally better than the spending itself.
The Democrats don’t want to let the stimulus bill’s progress through Congress be slowed. They claim this is because if the bill doesn’t pass immediately we’ll face an economic apocalypse. The reality is that they don’t want Americans to find out that they’re getting a raw deal. The stimulus represents little more than spending on pet projects, and an expansion of government that will ultimately mean more taxes and less freedom.
