What is being touted as a '2nd economic stimulus' is actually the 3rd. The 1st was in the waning days of the George W. Bush Administration. The 2nd was in the early days of the Obama Administration.
And now yet another package is reportedly already in the pipeline to the tune of 80 billion bucks.
Let's get down to the brass tacks. Government meddling in the economy thus far has done nothing but send us further down the tubes. This kind of reckless government spending is simply unconscionable.
Whatever funds are leftover from TARP I and TARP II should be used to pay down the debt, NOT run up more debt.
Saturday, December 05, 2009
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