145 billion dollars

[javasaurus]

That's what Bush is proposing to prop up the current economic problems. If that divied up and handed out, that would be less than $500 per person in the US, but much of that will go to help businesses, and some will be sent as one-time tax relief checks that people can "spend anyway they want." Bush doens't say we should use it to pay off debt, or put into a CD, but to spend it. That's right, he's passing out the equivalent of a year's budget in Iraq to be used as mad money.

Is this really supposed to help the economy?

Comments

[wilhelmina-d.livejournal.com]

Jeez Louise! Talk about "stop gap" measures. That isn't going to do very much. Is he trying to head us into a depression rather than a recession?