Tuesday, February 10, 2009

Bailing

Economics is a topic on which I know little. But here's some info which makes me think that this bailout aka stimulus package is a terrible idea.

The Congressional Budget Office says the current recession should come to a natural end at the end of 2009.

Of the trillion dollars, which looks like this, btw, $1,000,000,000,000, only one-tenth, which looks like this, btw, 1/10, will be spent in 2009.

So the thing looks like a recipe for national indentured servitude.

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