whats your guys problem again its not your money ignore it and keep doing what you do all day it has not even effected you one bit that al these sitmluls packages have been given out,,,
Here is the problem. In order to pay for the stimulus, he is going to have to do one of 3 things.
1. He will have to raise taxes on either me or people whome my job and income depend on. My job and your job and our income depends on thier spending and investing. When thier taxes are raised, they cant do as much spending and investing.
2. He will have to borrow the money, which will cause the demand for loans to rise, which will cause interest rates around the economy to rise, which makes it harder for private businesses to borrow which therefore makes it harder to create jobs.
3. He will have to print the money, which will cause the money supply to go too high and will cause the value of your dollar to go down. Which basically means that your real wealth is stolen from you. Its like a hidden tax.
Im a bellman at a large hotel. Obama has directly affected me because he has made businesses and corporations feel guilty about holding conferences and parties at hotels around the country. So now theyre not doing it as much. My hotel is a major convention hotel. That means less income for me. What's truly sad is that somehow I get the feeling that some of our sales managers who are responsible for bringing in these businesses to our hotel probably voted for Obama.