Let’s Change America

We want to make fellow Americans aware of the issues in Washington that need change, and provide them with the information along with the Bills that would bring the much needed change to our great nation. We the people can restore our republic and return our country back to our founding principles
of individual liberty and constitutionally limited government. We urge you to be passionate and come together to make this happen. Together we can.

"Educate and inform the whole mass of the people… They are the only sure reliance for the preservation of our liberty." -Thomas Jefferson

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Government Stimulus, One Year Later

Last week marked the one year anniversary of the American Reinvestment and Recovery Act, or the stimulus bill, passing into law. While the debate over its success has been focused on whether or not it is stimulating the economy and on various questionable uses of funds, in my estimation this legislation is accomplishing exactly what it was intended to accomplish — grow the government.

Those of us concerned about the ever increasing level of government debt gasped at the astonishing $787 billion cost estimates for this bill. True to form it has actually cost 10 percent more at $862 billion. We heard over and over that government could not sit around and do nothing while people lost their jobs and houses. The administration claimed that unemployment would not go above 8 percent if the stimulus bill passed. Now, a year later, the government estimates that unemployment is over 10 percent. The real number is closer to 20 percent. It appears that those promises were total fabrications in order to close the deal.

In any case, the American people know that more government spending obviously equals more government. If the goal was to strengthen the private sector, Congress would have allowed businesses and individuals to keep more of their own money through meaningful tax cuts. Outrageously, the administration claims that they did “cut taxes” by reducing withholding, and that they have stimulated the private economy by increasing the amount of money in every worker’s paycheck. What they fail to mention is they did not change the total amount of taxes due. This means that all that money not withheld from paychecks will add up to a big unpleasant surprise when returns are filed this year. Many tax preparers are already seeing shocked taxpayers having to come up with big checks to the government when they normally expect a refund. Stimulus, indeed!

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The opinions expressed in this post are those of the individual author, our author or the author of any piece that may be quoted or even both, and may or may not represent those of 'Let's Change America'.


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