Archive for December 10th, 2009

2nd Stimulus Package

December 10, 2009

President Obama is pushing for a second stimulus package.  He seems to think that we can spend our way out of economic trouble. 

That would be fine, if we had the money to spend.  When we continuously borrow money to pay for our ever-increasing programs we are headed towards economic disaster instead of economic recovery.  Instead of adding to the deficit, in the hopes of recovery, we should be reducing our spending.  Our economy will recover on its own if we quit adding to the burden placed upon the business world.  When families overspend, they go bankrupt.  When businesses overspend, they go out of business.  What will happen if our government continues to overspend?

It won’t be good.

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