Comments on: Tax Rebates http://www.vickysvirtualoffice.com/tax-rebates/ Squidoo,Business Tools,SEO & Military Advice Fri, 21 Nov 2008 17:54:36 +0000 http://wordpress.org/?v=2.5 By: AnnaLisa Michalski http://www.vickysvirtualoffice.com/tax-rebates/#comment-38 AnnaLisa Michalski Fri, 08 Feb 2008 22:27:35 +0000 http://www.vickysvirtualoffice.com/tax-rebates/#comment-38 I will probably regret getting into a debate about politics, but here I go anyway. I find it rather patronizing that this fact is included in the CNN story: "Americans are shouldering a record $2.5 trillion in debt." Isn't it sweet (and convenient) that individual debt is cited but not national debt. How many trillions is that up to now??? I'll grant you that maybe I don't have a reasonable grasp of the economic principles behind this stimulus package. Or maybe I'm just a pessimist at heart. But I fail to see how the creation of new debt--that's all this is, borrowing against future tax to fund today's payments--will help stimulate the economy. I will probably regret getting into a debate about politics, but here I go anyway.

I find it rather patronizing that this fact is included in the CNN story: “Americans are shouldering a record $2.5 trillion in debt.” Isn’t it sweet (and convenient) that individual debt is cited but not national debt. How many trillions is that up to now???

I’ll grant you that maybe I don’t have a reasonable grasp of the economic principles behind this stimulus package. Or maybe I’m just a pessimist at heart. But I fail to see how the creation of new debt–that’s all this is, borrowing against future tax to fund today’s payments–will help stimulate the economy.

]]> By: Stevendpr http://www.vickysvirtualoffice.com/tax-rebates/#comment-37 Stevendpr Fri, 08 Feb 2008 22:18:44 +0000 http://www.vickysvirtualoffice.com/tax-rebates/#comment-37 Yeah, no kidding, they give with one hand and take with two. Yeah, no kidding, they give with one hand and take with two.

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