StimuLESS

StimuLESS: Total cost is around $800 Billion. About 40% is in the form of tax breaks/cuts (around $320 Billion). This will stimulate the economy if was actually given to the right people; you know the ones that would use it wisely. No one is talking about who these tax breaks/cuts are going to. Now for the “LESS” part of it. $480 Billion is being used to fund or start projects that will do very little if anything to stimulate anything (except alliance to the Democrat Party).

Further investigation shows it gets much worse.

The $480 Billion has to come from somewhere. It’s not Monopoly money. Obama wants to PRINT the money with nothing in the US Treasury to back it up.

In 2008 Americans are walking around with around $12 Trillion (in paper money, banks, stock, bonds, etc). When the President of “Change” prints all of that money that is exactly what every dollar will be worth, CHANGE!

How would you like for every dollar that you have and that you make to be worth less? It is simple math. Even a government educated (public school) graduate should be able to understand. If you have $12 Trillion in the system and you add $480 Billion in the system. Most people stop there because obviously that is A LOT more money. Half a Trillion More.

$12,000,000,000,000 +$480,000,000,000 =$12,480,000,000,000

This does mean more paper money circulating, but it is still worth the same amount of money. Remember we don’t have $480 Billion invested in the system just $480 Billion NEW Treasury Notes. Now we can do some more math. $12,480,000,000,000 is a 16% increase. We have to take all of the money and now divide it up so that it still equals about $12 Trillion.

EVERY DOLLAR YOU HAVE AND MAKE IS NOW GOING TO BE WORTH ABOUT 84 CENTS! How is that for CHANGE?

Not only are the Democrats/Socialists going to waste our money; they are going to lower our ranking in the world market. Along with trashing our economy they will also trash our savings and incomes. If a retiree had saved up $100,000 after inflation its net worth will be around $84,000. Where did that $16,000 go? If you are in a household that brings in $3,000 a month, you will then be making the equivalent of $2,520! It will still be $3,000 in the bank but it will be worth less when you use it.

CHANGE WE CAN BELIEVE IN or CHANGE WE CAN’T SURVIVE?

(Check my archives or research for yourself who else flooded unbacked money into an economy. His intentions were to destroy that economy. I will give you a hint: Hit_er )