Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.
Q. Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. No, they are borrowing it from China. Your children are expected to repay the Chinese.
Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.
Q. But isn’t that stimulating the economy of China ?
A. Shut up.
Saturday, February 14, 2009
Barry Ritholtz 'splains the stimulus
The Big Picture man puts it all in perspective:
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1 comment:
It's too bad we can never have a plan for long term growth for our grand experiment. We can't even get any good short term law written. Congress makes good theater, but I wouldn't feed their sausage to our resident raccoon.
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