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Originally Posted by Eric5273
The debate over this stimulus is not as important as you may think. The truth is that these guys have no idea what the heck to do about the economy.
The ship carrying 300 million people is going down, and they are debating over whether to deploy the 5 small lifeboats they have, or whether to start bailing the water out with the ten 1-gallon buckets they have.
The entire amount being spent is about 4% of our GDP, and the entire amount of the tax rebates is about 3% of our GDP.
None of this is going to have any major effect. Thinks are tanking, and the rate at which they tank is going to accelerate over the next 12 months.
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I agree, I think we are seriously tanking. I think we need a massive correction before people painfully understand the reality of what needs to happen for a country to be successful. What is your view of our country in 12 months? 24?
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