Congress is sapping any possibility of US productivity for generations to come. Only a fraction of this so-called “stimulus” bill actually stimulates the economy. The vast majority of it is increased government oversight and additional government programs. By taking such a whopping amount from the American people, the US government is stifling productivity of the American people and small business where any chance of economic recovery must begin. By printing such a whopping amount of money to cover the spending that cannot be sold overseas as IOUs, the government will cause massive inflation for years and years to come.
The best and simple economic “stimulus” plan I’ve seen is to simly refund all individual taxes collected in 2008. It costs about the same and gives all the people’s money back to the people who would happily spend such a windfall.
Please, Congress, stop helping us now. Just put the checkbook down and back away.