Saturday, December 6, 2008

Am I reading this right?

Pres Elect wants to do this, but where is the money to pay these people going to come from...or is it as simple as increasing our taxes. As you read the article, notice it states that "they" expect to "make" 40,000 jobs per each Billion spent. That equals 5.4 MILLION jobs...say you pay each person $10/hr for 51 weeks minus taxes roughly that is $15,000/per year per person employed.

That comes to a grand total of over $81,000,000,000 dollars.

Do WE have that kind of money? Especially when we are going to have to dump ALOT of money into the BIG 3. Is the new team just going to start printing money with nothing behind it?

Someone PLEASE explain...Thanks

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