Economic Stimulus Makes My Head Hurt
Published: March 5th, 2008
By: Jessica Lewis

Economic stimulus makes my head hurt

After working to survive the soul-sucking, blackhole-encompassing process that is preparing my tax return, – I only need to find 3 million more tax documents to finish the process – the idea of getting some extra money back from the government that I have to do absolutely nothing to get sounds good to me; however the realization that the process could very well double the national deficit and leave our children’s, children’s, children to pay off the debt, probably isn’t such a great idea.

I’ve never been financially minded, so maybe the reasoning behind this is just over my head. I’m not sure if this is just me being crazy or if things actually are as messed up as they appear. Currently, the plan is to give 130 million households rebate checks for $300 to $600 per person. That part sounds great in theory. I know I could use an extra $600. However, the project will cost the government in excess of $150 billion, and as far as I can tell, that is money that the government doesn’t actually have.

TO READ THE FULL STORY

The Evening Sun

Continue reading your article with a Premium Evesun Membership

View Membership Options




Comments