Moving Forward!

Do you all remember those Swatch watches growing up in the early 90’s? Will now you can run out and get yourself one with the whopping estimated $13 per week your going to be seeing in your paycheck soon. That’s because that’s your cut of the $790 billion economic stimulus bill that was just passed and will be signed into law by President Obama. While you get about $13 extra a week banking companies will be receiving billions of your tax money, doesn’t seem fair if you ask me. President Obama said this bill will help create 3.5 million jobs, but I don’t see it. This bill does nothing for our economy; it only will hurt us in years to come. What happens when the U.S. Government runs out of money, which could happen? This will happen when the bonds bubble goes pop, then we will no longer be able to borrow. Which means we will be broke as a nation, and the value of the greenback will be gone.

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This entry was posted on Wednesday, February 11th, 2009 at 9:00 pm and is filed under Business, Economy, General Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.