Reason 4: The Government Can’t Afford the Stimulus
President Bush pushed the government deep into a $1.2 trillion deficit this year, the third time he has set a record for biggest deficit ever, and President Obama’s stimulus bill follows his lead, piling on more debt. The deficit in 2008 amounted to about 8 percent of GDP. The entire debt is about 35 percent of GDP.
Even for those who do still believe in Keynesianism, it is important to remember his theory didn’t start with the government already over a trillion dollars in the hole, he was generally operating from balanced budgets.
Sign the Petition to Congress
I don’t believe that my hard-earned tax dollars should be used in such a politically motivated manner, especially under the guise of stimulating our economy.
I urge you to vote against the "stimulus" package and instead support fiscally sound approaches to boosting our economy such as real tax cuts and significant spending controls.
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