| Submit your comments on this article |
| Home Front: Politix |
| True Cost of Stimulus: $3.27 Trillion |
| 2009-02-13 |
| Via Instapundit All of the major news outlets are reporting that the stimulus bill voted out of conference committee last night has a meager $789 billion price tag. This number is pure fantasy. No one believes that the increased funding for programs the left loves like Head Start, Medicaid, COBRA, and the Earned Income Tax Credit is in anyway temporary. No Congress under control of the left will ever cut funding for these programs. So what is the true cost of the stimulus if these spending increases are made permanent? Rep. Paul Ryan (R-WI) asked the Congressional Budget Office to estimate the impact of permanently extending the 20 most popular provisions of the stimulus bill. What did the CBO find? As you can see from the table below, the true 10 year cost of the stimulus bill $2.527 trillion in in spending with another $744 billion cost in debt servicing. Total bill for the Generational Theft Act: $3.27 trillion. Detail table at link. |
| Posted by:ed |
| #6 Amen to all previous comments. Conversation at the store other day: guy: was shopping the other day and I saw this 18-19 year old girl, good looking, had on a tight shirt which said, "Got d!ck?" me: Well, that had to make the shopping interesting huh? guy: well, yeah she was good looking but honostly all that tells me is tramp and as a father would never let my daughter dress like that. Personally, when I see a girl I like I like to work for it, its more satisfying. I don't like it thrown in my face and just given to me. Its slutty. me: sooo...you're not a democrat? guy: (laughing) heard this the other day, "If Obama is the answer then what the h*ll was the question?!" Seeing how all neo-hippies and baby boomers like to quote Eisenhower's "Beware the military industrial complex" (a quote I find ironic since it was just that which gave him the materials to fight, but that's for another thread) try this one we came up with last night, "Beware the agenda driven political machine." So to all you who voted these thieves into office thinking, maybe sincerely, hope would triumph morality onto a ruling machine built on power and greed I offer this: "I changed my baby's diaper this morning, has Obama changed you?" |
| Posted by: swksvolFF 2009-02-13 12:15 |
| #5 If that were all. |
| Posted by: g(r)omgoru 2009-02-13 08:59 |
| #4 In a small attempt to regain some human perspective, Mrs. Besoeker and I extend our prayers and thoughts to the families of the victims of Continental Flight 3407. Dear Lord take them into your care. |
| Posted by: Besoeker 2009-02-13 08:16 |
| #3 Now up to 1600+ pages which few could have possibly read or digested. Poor start for confidence building of the little people..., but that really isn't the goal of the package anyway. What was I thinking? |
| Posted by: Besoeker 2009-02-13 08:08 |
| #2 Resulting actions on this bill: Loss of control of the Justice system - no weight nor measure, Impossible monetary policy. Currency drift and inflation. Loss of control of rates. Policy will force business to close under difficult regulatory requirements forcing more stress upon the economy. Government revenue shall continue to decline. The SEC still has not cleaned house at the banks and the CRA is still not fixed ruining lots of trust out of the window. Lack of confidence is the lending market. Health care companies may be fored out of business by competiton from the government. I do Business Intelligence too, Obama. |
| Posted by: newc 2009-02-13 01:55 |
| #1 True Cost: Our Freedom. |
| Posted by: OldSpook 2009-02-13 01:16 |