Posted by Donny Ferguson on Feb 13, 2009 at LP.org. Reposted to IPR by Paulie. CNN reports that the ‘stimulus’ did in fact already pass; however, I’m posting the LP blog post in its original form.
Since a government program is the closest you can get to eternal life, Congressman Paul Ryan asked the Congressional Budget Office to estimate the costs of extending just 20 of the most “popular” programs in the Obama government expansion bill to a total of just ten years.
The non-partisan CBO finds the total cost rises to over $3.27 trillion. That’s $3,270,000,000,000.00.
And that’s only for ten years, not the additional decades all those programs will go on for.
And it assumes every other program in the bill vanishes and never comes back.
That’s about $1 million in spending for every job “created,” if Obama’s wildest promises come true. Otherwise the price tag skyrockets even more.
And even Obama admits the promised effects won’t take place until 2010. The CBO finds the recession will end in 2009.
In fact, the non-partian CBO also finds the “stimulus” will actually hurt the economy and eliminate job opportunities.
$3.27 trillion for just 10 years. Around $1 million in government spending per job “created.” And the recession will likely end before much of the money is even spent.
If that’s not enough, that $3.27 trillion “stimulus” plan is part of $10 trillion in new spending on “stimuli” and bailouts.
You can call your senator at 202-224-312 to express your opinion. They will likely vote tonight.
Voting for the duopoly is rarely, if ever, a good idea. Especially at the presidential level.
Instead of representing me/us the Democrats succumb to Obama-hype and Wall Street greed.
It is obvious, Master Obama successfully castrated virtually all Democrats, making them his slaves and impotent to serve us. I never imagined that the illogical and stupid jive of the executive branch could hijack more than one halve of our legislative branch. And the $3 Trillion this bill will cost us over the next 10 years is only the beginning, no end in sight and no way to stop this madness.
Again, we are right back to the same irresponsible behavior by the House and Senate Democrats which is also part of how Americans got into this economic mess, and will be one of the reasons we’re not likely to get out of it anytime soon. I regret my insanity at the voting boot with a “mea culpa”. Insanity is doing the same over and over again and expecting different results.
To be re-elected the Democrats’ need to stop their herd-mentality. I didn’t vote democratic to advance the White House’s neo-Marxist agenda but to preserve and build my representatives’ positions and power so they can represent my interest most effectively.