Quote:
Originally Posted by Force-of-the-Truth
I don't give a darn about the partisan stuff, but this "stimulus act" would just have increased the deficit even more. Not only is deficit spending bad economics that creates a cycle of artificial booms and busts and a potentially devastating national debt, it is also un-Constitutional, since future generations will have to pay for it despite having no say about it, a clear violation of the 5th and 14th Amendments.
More accurate names for this act, therefore, would include the "Cheat Your Children Act" or the "Defraud the Future Act". Both McCain and Obama will carry on this unfortunate tradition, and for that among other reasons I don't care which one wins.
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Amen.
It is disgusting to see how both parties just keep printing money. This uncontrolled printing of money will cost us dearly.
I wonder how many people know that the Fannie May and Freddie Mac bailout essentially doubled our deficit.
peoples hard earned 401K money will become worth less by the time they retire....
