Friday, February 06, 2009


Everyone knows that people who charge more money on credit cards than they earn are headed for disaster unless they cut spending and stop taking on new debt.

Why do people think the government is any different? Japan tried to spend it's way out of a recession, and it took trillions of dollars, and ten years, largely resulting in failure. Many economists, including the current treasury secretary, think it failed because there wasn't enough spending.

If $2 trillion isn't enough for Japan, how much do these people think the US needs? And where will the money come from? Someone's going to pay for it, one way or another. These are things that Congress should find out before being bullied into rushed legislation.

-- Post From My iPhone

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