The Senate today passed an $838,000,000,000 spending bill intended to stimulate the economy. How much money is this? That’s $2,974 for every man woman and child in the United States. If you have a family of four the government just borrowed $11,173 on your behalf to spend on stimulating the economy.
Now here is the big question: A year from now after (some of) the stimulus money has been spent, what will you get for your money? Will you be able to look around your community and see your $11,173?
To put this in perspective that works out to a grand total for the city of Tullahoma of about $50 million dollars. A year from now, will you be able to see $50,000,000 in benefit from the Stimulus Package?
