Quote:
Originally posted by Endymon32
Really? So the average joe getting more money in their pocket doesnt help the econonmy? How so?
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In this way. No specific cuts in any other Federal spending were made to provide the $80 in everyone's pocket. Therefore, the total handed out is added to the National debt. The debt is growing at record speed. It reduces the money available for loans and capital expenditures. More and more of our debt is owned by foreign individuals and governments. Our economy is a house of cards. Perhaps it won't fall until our grandchildren come of age. We are stretched way too thin.