Bill

And guess who is lending that money to the government? The same rich folks who are benefitting from the bulk of Bush's tax cuts.

What is going on here is that Bush cut taxes for the rich (in three phases) to the extent of well over $500 billion, and the rich turn that money right around and lend it back to the government, thereby achieving a permanent income from the government in the form of interest, at no cost to the rich! In other words, the tax cuts for the rich are financed entirely by borrowings from those same rich.

Is that insane, or what?

== Bill

Kat_Somm_Faen

Hmm just did a litle bit of math - the 1 trillion equals to about 4000 $ per person in that time frame. So would 4000 $ check to every American help more than whatever tax "cut" effect was?

Just imagine a familiy of 4 getting 16 000 $ and keeping the federal expenses the same! WOW! But nooooooo we would rather spend it on pork barrel spending, corporate welfare and enriching the rich! So much more of a boost to the economy! As if...

Bill

Think of the difference. Instead of the $800 check that my wife and I are supposed to be getting for our two kids, we would instead get a $16,000 check. Now, that is a brilliant idea! Why not send that money to me instead of to all those rich folks who don't need it so much!

Oh, yeah; the Democrats were arguing in favor of that already, and lost because the Republicans have more votes.

== Bill

Kat_Somm_Faen

Well it was more meant as asking "WTF how do you spend 1 trillion dollars more without any normal, hardworking, middle or lower class people ever noticing?"

We somehow manage to spend a trillion without anything being better... except the rich being better off. If we did that 4000 at least you could say "Something happened" if you are an average person...

This way, one has to ask... spend a trillion - what happened to it?

BibleBelted

FUZZY MATH . . . FUZZY MATH . . .

You poor people just don't understand Faith-based Economics.

But then, it is more mysterious than God.