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Jan 29 2009

Day By Day by Chris Muir January 29, 2009 – Paybacks

Posted by Flap in Day By Day, economics
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Day By Day by Chris Muir

Barack Obama’s Economic Stimulus Bill, HR 1, passed the House last night and the amount of PAYBACK is staggering – some estimate at more than $ 1 TRILLION.

Even Jan’s Papa does not deem the Democrat effort as a good investment since HR 1 is a spending bill and not a stimulus bill.

The U.S. Senate will have its crack at the bill beginning next week and without significant tax cuts and a compromise by Obama look for a filibuster.

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This entry was posted on Thursday, January 29th, 2009 at 7:10 am and is filed under Day By Day, economics. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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