Monday, February 9, 2009

Here Comes the Monstrosity

Even though most Americans oppose the "Porkulus Bill" , Congress and Barack Obama are determined to ram it down our throats. To learn more about what this bill does and doesn't do (hint: it is not a stimulus bill) see this link. I have sent e-mails to one of my State Senators and found that Debbie Stabenow is a big spending liberal - not a big surprise. Senator Carl Levin - D, Michigan is just as worthless.

Well, let's look at how well Michigan's big tax increase in October of 2008 helped it's economy. Here is the unemployment rate in Michigan as of November 2008. With a 9.6% unemployment rate Michigan is dead last in terms of employment percentage. Notice too who is number 3, another big spending state - California. Michigan's unemployment rate continued to soar in December hitting 10.6% and we are still number one.

All of those extra dollars flowing to Lansing are now dollars that citizens cannot spend on food, fuel, clothing, shelter and if they are lucky a little something for themselves. Is there a parallel with the "Porkulus Bill"? You bet there is. Where will the trillion dollars come from to pay for all of the waste and pork in this bill? It will come from you, me, your neighbor and everyone else who pays taxes. What could we do with the estimated $10,000 dollars that each man, woman and child will owe that are going to Washington, D.C. for dog parks, frisbee golf courses, hybrid golf carts, sex education and a slew of wasteful projects that will not do anything to stimulate the economy? The Congressional Budget Office has estimated that many of these dollars will not even be spent by the year 2010.

Meanwhile the national debt will be continuing to climb. For every minute that passes the U.S. debt is increasing by over $750,000(or almost a million dollars a minute). If you do not believe it check this out

Though I do not have children I have nephews and nieces. I feel for their pain when the bills come due. This "Porkulus Bill" will not stimulate the economy as proven by history. There is probably nothing we can do about it until 2010 - the next round of elections. Republicans need to remember these days during the next election.

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