President Obama met today with business leaders from across America. He said he wanted their input into what would stimulate our sick, irresponsible economy. After the meeting he spoke and state that the answer did not lie in the hands of Washington. He was in the hands of business. He stated "all Washington can do is create a favorable environment". I say, Well, Mr. President, welcome to the party, if that is what he really believes. Just 20 days ago he said that only government can fix this.
Do not be BAMBOOZLED by the president's fine rhetoric. Read the fine print. The 647 page bill is porkulous!
*The $825 billion bill would dump $10,520 of new debt per household into the laps of our children and grandchildren. The interest on this debt ($347 billion) will dump even more.
*The current "stimulus" bill will be the largest spending bill ever enacted by Congress, making the New Deal look small, accounting for inflation
*President Obama anticipates that spending over $800 billion will create 3.7 million new jobs. That means each job will cost more than $200,000, which is roughly equivalent to 5 times what the average American worker earns!
* 335 Million for education & prevention of sexually transmitted diseases
*21 Million for new sod on the national mall
*600 million for new cars for bureaucrats
*650 million dollars for digital TV converts
The bottom line is that TWELVE CENTS of every dollar is stimulus. Do you see a light at the end of the tunnel for your troubling business, now? Is hope surging?
Contact the Republican leadership in the House & Senate, and of course your own congressmen, and tell them to stand firm. Don't cave! It will still pass because they have the majority, but we need to let them own this. And we need to let the Republican leadership know that we mean business, we will no longer tolerate their "go along to get along" attitude