The U.S. House of Representatives is expected to vote on President Barack Obama’s $825-Billion “stimulus” bill on Wednesday. The bill is one big unConstitutional spending spree on items like Digital TV Coupons and tax “credits” for people who don’t pay income taxes.
Even worse, the so-called stimulus can’t boost long-term economic growth. Every dime that the government blows on this spending spree would have to be taxed from today’s workers or borrowed from tomorrow’s. In other words, in order to put money into the economy, the government would first have to take that money out. And when government takes money out of the economy, it takes that money away from investment, suppressing business building and job creation. That means that the “stimulus” package would actually diminish–not boost–prosperity.
The only thing that President Obama’s “stimulus” plan would stimulate is government growth.
Please contact your Representative and urge him or her to vote against the stimulus bill. If you do not know how to reach your Representative, click here.