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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: d[-_-]b who wrote (72531)9/26/2009 2:27:07 AM
From: RMF  Read Replies (1) of 224735
 
Cancel the rest of the stimulus and the stock market will drop by 40% and unemployment will rise by 3%.

The money saved will be lost through the loss of income taxes and capital gains taxes and future unemployment compensation.

Also, states will have to make Major cuts in programs and employment which will put more stress on the financial markets and homeowners trying to pay their mortgages.

The good thing would be that it would probably cause cuts in Defense spending and NASA spending which would lessen the need for ROCKET SCIENCE.
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