Interesting fact.

[Guest]

How long would it take to count to a trillion dollars if you counted 1 every second, 24 hours a day, seven days a week, 365 days a year non-stop?

The answer is just a bit more than thirty one thousand years. That's 321 generations or 3215 decades.

The governments yearly budget is 2.8 trillion dollars and growing fast.

They are getting ready to spend almost another trillion of our tax dollars and no one is quite sure where it's going to go, just like the last several hundred billion a month or two ago.

Sound good to you?

[Guest]

$600 or more stimulus checks....plus $350 billion (first half of the bail out $700 billion) and nothing yet...and they are not sure where the money went.
And so another trillion dollars gets us all maybe $1000 and the rest goes where? For what?
No PLAN....no ACCOUNTABILITY....no RESULTS.....

How long will we the people sit idly by.....it is too late already.....the roller coaster has crested the top of the big hill....HANG ON!!!!

BTK

[Guest]

Has anyone thought about sending each of us $50,000, $100,000 per couple? I think that would really get this country back on track, and think of the retail sales.

[Guest]

See my reply to the discussion on a "thoughtful response" in another thread.

But the proposal to send every couple $50,000 0r $100,000 doesn't work. I might even agree that such a one-time stimulus would actually revive our economy. But unfortunately $50,000 for every to people in America would be an expenditure of $5.5 trillion. $100,000 per two people would be $11 trillion dollars--that's would result in an immediate doubling of the U.S. national debt.

And we do know what happened to the money spent on tax rebates earlier this year. The statistics show that most people either paid down existing debt or saved the money. Neither had the planned effect of stimulating the economy.

[Guest]

See my reply to the discussion on a "thoughtful response" in another thread.

But the proposal to send every couple $50,000 0r $100,000 doesn't work. I might even agree that such a one-time stimulus would actually revive our economy. But unfortunately $50,000 for every to people in America would be an expenditure of $5.5 trillion. $100,000 per two people would be $11 trillion dollars--that's would result in an immediate doubling of the U.S. national debt.

And we do know what happened to the money spent on tax rebates earlier this year. The statistics show that most people either paid down existing debt or saved the money. Neither had the planned effect of stimulating the economy. OK, but try this one on for size. As you know the states are salivating at the thought of getting and spending "stimulus" money. Of course the false assumption in Washington is that this is what we need to do to stop the recession and/or prevent a depression. So, I learn on a news talk show that my home state of Pa's capitol city Harrisburg has proposed to "build 2 new giant hotels with stimulus dollars". Only 1 problem.... there are already TOO MANY HOTEL ROOMS VACANT IN HARRISBURG, PA!
So, we put all those good people to work building hotels we don't need and when they're finished being built we lay off the employees from the older hotels that are not even full now. Yep, that's our government in action. Anyone remember Arnold's movie Terminator????---> Game over!!!