Badger Blog Alliance

Sic Semper Tyrannis

Wednesday, January 21, 2009

Can't you make that twenty-eight hundred per man woman and child?

Charlie links to info about the House Democrats’ “stimulus” bill, and particularly about some of the details you might not have seen elsewhere. I’ve picked out a couple of my favorites here, but you should click over to see more.

1. The House Democrats' bill will cost each and every household $6,700 additional debt, paid for by our children and grandchildren.

2. The total cost of this one piece of legislation is almost as much as the annual discretionary budget for the entire federal government.

3. President-elect Obama has said that his proposed stimulus legislation will create or save three million jobs. This means that this legislation will spend about $275,000 per job. The average household income in the U.S. is $50,000 a year.

4. The House Democrats' bill provides enough spending - $825 billion - to give every man, woman, and child in America $2,700.
Not to be too grabby, but I’ve got six men, women, and children in my family. That’s $16,200. Now: some of that money we’ll put away for the kids. College, probably. The rest…and, by “the rest,” I mean half-ish…we’ll spend. I swear. No savings, no paying down existing debts. Spend.

I promise.

Of course, a one-time shot like that will provide a one-time shot to the economy. To do something more lasting, they should send it to us little by little: say $200 per man, woman, and child per month for the next year (the other $300 per m/w/c is for bureaucratic overhead). That will stimulate the economy.

At least, until our grandkids can’t afford the payments anymore. But, hell, by then I’ll be dead and gone. So screw it!