Reason 9: This Money Doesn’t Grow on Trees
And this has nothing to do with paper money being made of cotton and linen. The only way the government gets money is through taxing, borrowing, or printing—that is, it has to take it out of the economy in order to put it back into the economy. If government borrows the money for the stimulus, then it will either have to print money later or raise taxes to pay it back. If it raises taxes to pay for the stimulus, it will, in effect, be robbing Peter to pay Paul – probably with interest. If it prints the money, inflation decreases the value of the dollar for every American – robbing Paul to pay Paul.
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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