May 25, 2010
The Government Is Out Of Control With Our Money
People still talk about the 2009 stimulus bill even though it was passed over a year ago. While it is still in the news almost every week, many people don't seem to understand that it was there to give aid to large businesses as well as state governments. There was nothing in it for the average guy on the street.
The only way to have benefited from that legislation is to have gotten a newly created job that came about because of the stimulus bill. You might also have gotten some better terms for your mortgage but there was nothing where you were going to get cash from the government. If people thought they could qualify for a government grant they could have applied to one, but those grants weren't any bigger or easier to get than they always were.
Even though the stimulus plan was passed over a year ago, people continue to find it tough going economically. The bill has done nothing to lower the unemployment rate and people are still as fearful today of losing their jobs as they were last year. This makes one wonder what was really accomplished with the 787 billion dollars that the US taxpayers now owe?
Whenever there is news about the government passing legislation of that size, there are many people who think the government is just handing out money. They could be remembering the stimulus check that many people got during President Bush's last term and hoping there will be another windfall like that coming in the mail. That stimulus was meant to spur on the economy and the most recent stimulus bill was meant to try to save the economy.
Of course there is really no free money and everything comes with a cost. People who work and pay taxes are the ones footing the bills and in today's system, there aren't enough of those people. If everyone shared the burden of taxes equally, there might be more respect for money in general and more people would understand that everything comes with a price.
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