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Wednesday, February 18, 2009

The Stimulus Bill

The stimulus bill was passed recently which will hopefully jump start the economy, but what are we really getting out of it. This bill is close to 50% tax cuts, to put this in prospective single people could get back up too eight dollars a week, and married couples may get up too sixteen. But some time in the future when our grand children are paying really high taxes to pay back the money for this stimulus bill they will ask, "I am paying really high taxes, and I want to know what you spent the extra eight dollars on." You might say that you used it to send your kid to college or maybe to by a house. But the very depressing and likely thing is that you probably used it to go to the movies or go out to eat more often. But if the bill had the original amount of spending to create new jobs, you could say that I sent someone to college and you would be telling the truth. We don't need less taxes, we need more jobs, and I think the last eight years has taught us that. We need to learn from our past so we can create our future.

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