Monday, February 25, 2013

Obama Stimulus Calls for Stimulus into 2019

I cough (okay, figuratively) as I just learn that last stimulus calls for spending way into 2019. Now, if you are trying to jump start the economy in 2009, why ever would wait until 2019 to spend the money?

I would doubt much of the money waits that long to be spent. Still, I do not understand, unless the logic is, if you inject the money into the economy, then take it out the very next year, the loss will cause the economy to turn down. In other words, the injection was very much like the injection of an addictive drug.

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