Posts Tagged “politics”

So Obama wants to spend $1 trillion or more on an “economic stimulus”. Which makes no sense at all, since the government would have to BORROW the money to even issue it in the first place. HELLO…anyone in DC listening? All you folks who voted for Obama, why did you vote for someone who doesn’t understand where money comes from?

Here’s a better idea: the US gets about $1 trillion in revenue from the IRS every year. Not to mention the $250 billion that people and corporations spend every year in the US just trying to comply with the tax code and complete a return that isn’t going to get them audited.

How about just not having an income tax for a year? Or two? Just straight up give everyone their money back. Everyone gets a full refund, no questions asked. BOOM! There’s $1.25 trillion into the economy automatically, and the government doesn’t have to take on $1.25 trillion in debt.

It boggles my mind that people who are allegedly smart (Obama, any other politicians) would think going into ever more debt is the right way to fix things.

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