Kazwell.com

Maybe It Is A St. Valentine Day Treat?

President Obama, Congressional leaders and most economists says that the stimulus package just passed by Congress has no quick fixes.  I want to know “Why not?”
The proponents of the legislation say that the agreement will have some immediate effect.  The bill’s tax cuts, meager though they may be, are being touted to provide an immediate stimulating effect.  These cuts, says the Obama team, will spur a certain amount of economic activity by stimulating consumer spending, and creating (or at least preserving) some jobs.  If so, then why not have this stimulating effect the centerpiece of the stimulus package?

The legislation comes with a price tag equaling about $3,000 for every man, woman, and child in the United States.  Wow!  If that was how much tax relief were were talking about, it would be one heck of a stimulus!  Instead, we are being told to expect a $13 weekly increase in our paychecks.  What I want to know is, what is the other $2,987 per worker (not to mention the nonworking men, women, and children) being spent on?

Unfortunately, most of the politicans who voted on it don't know either.  They never read the 1080 page spending bill as it was printed just hours before the vote.  

This a fine example of fiscal responsibility set by our leaders.  It makes one want to run home and say, "Hey honey, our finances are a mess.  Take the credit card and buy what ever you want!  We need a stimulus!  What the heck, it's St. Valentine Day, Sweetie! 

Hey, why not?       

Stanley J. Kazwell, Jr's book. The Mortgage Meltdown:  The Mindsets That Got Us Here and What You Can Do About It , is available at www.Amazon.com ; www.MortgageMeltdownBook.com ; www.CrystalConnectionOnline.com and other fine locations.