Comments for Obama Cap-and-Trade Plan Still Forming at http://www.thenewamerican.com , comment 1 to 2 out of 2 comments http://www.thenewamerican.com Sat, 21 Nov 2009 02:06:50 +0100 FeedCreator 1.7.3 http://www.thenewamerican.com/index.php/usnews/politics/984#comment-1211 Economic Stimulus. H.R. 5140, the Economic Stimulus Act of 2008, passed 385-35 on January 29, 2008 (Roll Call 25). It would provide about $150 billion in economic stimulus, including $101.1 billion in direct payments of rebate checks (typically $600) to most taxpayers in 2008 and temporary tax breaks for businesses. Creating money out of thin air and then spending the newly created money cannot improve the economy, at least not in the long term. (If it could, why not create even more money for rebates and make every American a millionaire?) The stimulus has no offset and thus increases the federal deficit by the amount of the stimulus because the government must borrow the rebate money. A realistic long-term stimulus can only be achieved by lowering taxes through less government and by reducing regulatory burdens. Marsha Blackburn voted FOR this bill.(Source: The New American – July 21, 2008) Marsha Blackburn is my Congressman. She is no conservative. See her unconstitutional votes at : http://bluecollarrepublican.com/blog/?p=614 Mickey - Mickey Sun, 12 Apr 2009 09:45:49 +0100 http://www.thenewamerican.com/index.php/usnews/politics/984#comment-1209 There will be more pork spending now that the liberal demacrooks are in control of the hive of scum and villany as they find new ways to blow our money on pork the demacrats realy should replace the donkey with a old sow with the little piggies - Flu-Bird Sun, 12 Apr 2009 03:03:50 +0100