Stimulus?
Is she going to print it in her cellar or take it from us at gunpoint?
My guess is the latter.
“Democratic presidential contender Hillary Clinton on Friday will propose a $70 billion emergency spending package and possibly another $40 billion tax rebate to counter what she sees as a coming recession, according to the New York Times.”
She just added another $30 billion to the National Debt...yet preaches about fiscal responsibility?
Just trying to beat Bush to the punch. Rumors are that Bush will suggest the similar in the State Of The Union address.
As usual, the ‘Rat’s solution to everything is to spend more money and when that doesn’t work, MAYBE they will talk about cutting taxes. After spending more money.
A 70 billion dollar spending package followed by a 40 billion dollar tax rebate sounds like a 30 billion dollar spending package to me. That’s if you would ever see the rebate in a Clinton administration to begin with. Probably it would end up being a 70 billion dollar spending package alone. No matter though, it would simply be added to the deficit. No taxes would be raised. This woman is a dangerous fool.
Nothing new here - Clinton is using the typical political bribery to get votes. Must say that Bush is no better. And before he starts cutting taxes again, he might want to wake up and realize that it is very easy to veto these ridiculous, ludicrous Federal spending bills. The problem is twofold: we are being taxed to death and the Feds are spending us to death. There has to be something in the water in D.C., because people normally go insane once they are living there.
Sell Las Vegas to China, and make sure Harry Reid is part of the package.
FTA:
“Clinton’s emergency spending plan would add to the federal budget deficit and not be offset by tax increases or budget cuts, her campaign told the Times.”
........for a week or two at least.
Same thing her husband proposed. Lousy idea. It won’t work.
Now what’s Obama’s offer? LOL
The Dems are going to have so much fun choosing between the lesser of two evils.
I imagine it will be the one that can lie the most so that would be a hard choice.
Typical communist ... bigger government is the solution to all problems.
Note to the nation: Wanna see what ‘Rats and RINOS can do for you? Check out Upstate NY’s economy. The ‘Rats and RINOs are doing such a great job that we may lose a couple of House seats next time around. Three guesses why Spitzer wanted to give driver’s licenses to illegals....
How convenient....a media-trumped up recession and Hillary our savior here to rescue us. BARF!
It would be far simpler to just suggest that each American go out and get a cash advance of $1000 on their credit card.
The economic effect would be identical as when the government borrows it on our behalf, except government gets to borrow in the name of everyone, gets to force some people to repay more than others and gets to dole out the money to maximize its own power.
This is all a Keynesian folly. We can borrow all we want because we are borrowing from ourselves! And we trust ourselves to repay us, don’t we? So silly and So Wrong.
you can defer the inevitable but the inevitable is the inevitable...................
I fail to see how that would do much to stimulate the economy. Tax rebates are among the least-effective stimulants because they are retroactive and so they don’t change incentives and future behavior the way tax cuts do.
Maybe she is going to go to Wall Street and get it back from the companies who gave out almost that in “Bonuses” in December.