Just Asking

Thursday, February 12, 2009

How Much is $789 Billion?

President Obama is about to sign a $789 billion "stimulus bill". Let's do the math. The U.S. population is just over 300 million. The federal government does not have enough revenue to cover its normal expenditures, so every penny to pay for this bill will be borrowed. It will add over $2,600 PER PERSON to our national debt, over $10,000 for a family of four. Ouch!

2 Comments:

At 3:58 PM, Blogger asterisk said...

"You can't take nothing with you but your soul."

John Lennon

 
At 5:05 PM, Blogger Iris said...

Maybe so, asterick, but you can leave the fruits of your labor to your family.

 

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