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So, we are sending more of our tax dollars into oblivion huh? Well I'm not surprised. Of course, since I have four children, I imagine I will get a pretty good chunk of change. But come on... will someone please tell me how spending another 80+ Billion of our hard earned tax dollars is a "Change"? George W. Bush did this too, and still, here we are. I got over $4,000 from Bush's stimulus package, because of the size of our family. That was nice, but there is a price to pay that most people don't think about. Here are a few of the things we as Americans are going to lose if this monetary free for all continues.
-Our taxes will continue to increase over time giving us less buying and saving power.
-We will move to a more Socialist economy/government (that is a no brainer).
-The freedom loving, self sufficient American mentality that grew this nation into what it is will become a more Government needy Society.
-Americans will take less risk.
-Americans will lose their motivation to challenge the government, because they will not only become dependant on it, but the government will become so big that we will no longer be able to hold the system accountable to its constituents. This is already taking place. That is why corruption is becoming more prevalent.
-We will spend the stimulus money on consumable stuff, perpetuating our consumeristic society, and decreasing our savings accounts. As a result, this will only mask our economic problems.
-Until America rebuilds our manufacturing base and brings good paying jobs back to America, we will continue to struggle. People will continue to lose jobs, lose homes , and file bankruptcy.
To sum this up, I fervently believe that financial and taxpayer bailouts are only a band aid, that will not result in a long term economic fix. I am not an economist. But I have read that economists overwhelmingly are opposed to bail outs as an economic fix. So then I have to ask; Why are we doing this to our country? Surely the politicians know that our children will have a huge bill to pay if this continues. Are they motivated by short term fixes or long term agendas? Call me paranoid, but something isn't right here!