The Government Is Out Of Control With Our Money
5:51 PM // 0 comments // sb blogger // Category: Politics //By Scott Johnson
It has been one whole year since the 2009 stimulus bill was passed and it is still in the news almost every day. Many people still don't fully understand that that bill was meant to give money to businesses as well as state and local governments and not individual people.
The only way to have benefited from that legislation is to have gotten a newly created job that came about because of the stimulus bill. You might also have gotten some better terms for your mortgage but there was nothing where you were going to get cash from the government. If people thought they could qualify for a government grant they could have applied to one, but those grants weren't any bigger or easier to get than they always were.
Unfortunately, people fortunes have not gotten better from the bill. Today there is still high unemployment and jobs continue to be extremely hard to find. When you think about our economic troubles today, one might wonder if we got anything at all from that 787 billion dollar bill?
Whenever there is news about the government passing legislation of that size, there are many people who think the government is just handing out money. They could be remembering the stimulus check that many people got during President Bush's last term and hoping there will be another windfall like that coming in the mail. That stimulus was meant to spur on the economy and the most recent stimulus bill was meant to try to save the economy.
There has never been anything such as free money that doesn't come with some sort of a cost. Ultimately, people who pay taxes are the ones that will be responsible for this debt and it is too bad that so many in our society have escaped paying taxes. If everyone where responsible for this debt, there would be a greater chance that people would rebel and stop lawmakers from putting up deeper in debt year after year.
The only way to have benefited from that legislation is to have gotten a newly created job that came about because of the stimulus bill. You might also have gotten some better terms for your mortgage but there was nothing where you were going to get cash from the government. If people thought they could qualify for a government grant they could have applied to one, but those grants weren't any bigger or easier to get than they always were.
Unfortunately, people fortunes have not gotten better from the bill. Today there is still high unemployment and jobs continue to be extremely hard to find. When you think about our economic troubles today, one might wonder if we got anything at all from that 787 billion dollar bill?
Whenever there is news about the government passing legislation of that size, there are many people who think the government is just handing out money. They could be remembering the stimulus check that many people got during President Bush's last term and hoping there will be another windfall like that coming in the mail. That stimulus was meant to spur on the economy and the most recent stimulus bill was meant to try to save the economy.
There has never been anything such as free money that doesn't come with some sort of a cost. Ultimately, people who pay taxes are the ones that will be responsible for this debt and it is too bad that so many in our society have escaped paying taxes. If everyone where responsible for this debt, there would be a greater chance that people would rebel and stop lawmakers from putting up deeper in debt year after year.
About the Author:
Please take a look at my website Obama Grant to learn about getting government financial aid. You might also be interested in finding out whether there is going to be a 2010 stimulus rebate.
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