Is It a Pig with Lipstick?
February 14th, 2009. Filed under: Finance & Fitness Fridays.Is it pork with a dash of lipstick and lots of spending, or is it going to create lots and lots of jobs? You decide what the stimulus appropriations package is. You can read a brief summary at My Two Dollars. Since the actual bill weighs in at 1071 pages, I’m sure you will appreciate the brevity of this recap. The New York Times answers some readers’ questions and Yahoo gives us an article with the heading of Democrats muscle huge stimulus to brink of passage.
It will take time and digging to really figure this one out. I wonder how many of our elected officials actually read all this bill in record time so that they could understand just what it says before it was steamrollered in. Is it good? Is it bad? Will it really do all that or is it just a sad situation that our grandchildren and great grandchildren will be paying for their entire lives? Will they even be able to pay this debt off or just go on paying the interest forever?