So it looks like the “stimulus” bill is going to be $935 Billion. Divide by 133.9 million American taxpayers, and you get $6,983 per U.S. taxpayer. In my opinion, most all of this is throwing good money after bad. Not only will it not create any immediate economic stimulus, but a lot of it is simply growing the government way beyond it’s already enormous size and complexity.
Truth is, we don’t need all these new laws and all these new programs. The consumer is 70 percent of the U.S. economy. If you want to stimulate the economy quickly, just have the Treasury Department send out the checks to all U.S. Taxpayers. More will get spent – and faster – than any other way. And it won’t grow government by one bit.
I am not suggesting “send out the checks” is “the answer” to the problem. But it does shed light on part of the reason why we have the problem in the first place.