Tuesday, February 10, 2009

Economic stimulus

Instead of looking at this politically, I'm trying to look at this from a common sense perspective:

When my wife & I make a large purchase we take the time to discuss it, to think about it. To weigh the benefits and drawbacks-- we don't go rushing in with a sense of urgency. Isn't anyone else concerned that our government is rushing headlong into this bailout with the emphasis being placed far more on expediency than on caution? Isn't anyone else concerned that given the size of this "stimulus" bill that we're rushing into things a bit too fast? Is there anyone else concerned that we're biting off more than we can chew as a country? And is there anyone else who thinks our asking for an $800+ billion dollar loan is akin to a couple making only $80k year trying to buy a $45 million dollar mansion with no money down? And if that's the case, shouldn't we be concerned whether or not there will be any nations willing to lend us that money when the whole world is feeling this financial crunch?

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1 comment:

Chris said...

Isn't it more akin to a couple making $13 trillion a year asking for an $800+ billion loan?