Currently, the Bush administration is flaunting 'stimulus checks' to help bolster the flagging economy. So where is this money coming from?
This is a brief diary just to remind you what those checks really mean. The current plan is to give each individual tax payer $800.00 in a 'quick fix' move. The total cost will be around 150 billion dollars.
Let me keep this simple: WE DON'T HAVE THAT MONEY. We are over 8 trillion dollars in debt. Everyday we borrow more and more money from Asian countries to finance our illegal wars and other malfeasances; and continue the slide into complete market equilibrium. That money will have to be repaid by future generations. Your children, and your children's children.
If you do plan on cashing your check, do yourself a favor and buy an once of gold and stick it a safe so your children can have it when the bill comes due.