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Originally Posted by Pete F.
And now where is it going?
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It's going up. But unlike the other guys, at least regular folks are seeing an increase in their paychecks.
Obama spent 750 billion on the stimulus, which he said would keep unemployment under 8%. It went over 10%. Worse, I don't know a single person who benefitted from that spending, not one. I know a lot of people who are benefitting a little, from the GOP tax cut. I know people, like me, whose taxes decreased. I know people who work at Travelers and got bonuses. And we all have heard the stories about the companies giving bonuses to employees, and adding new jobs.
You cannot ever make that wrong. Obama's stimulus added to the deficit, and did nothing. The GOP tax overhaul will add to the stimulus, but at least it's helping people. Lots of regular, middle class people.