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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (113431)3/29/2008 1:38:21 PM
From: Lizzie TudorRead Replies (1) of 306849
 
Jim we are talking about over 4 trillion dollars here. Sure 160 billion is a lot of money but not in the context of 4.5 trillion spent. Our economy can handle 160 billion, remember when Iraq was supposed to cost 70 billion IN TOTAL and the public supported it? The DEFICITS (not the budget) in the years bush is president are always 400 billion or so, this stimuls package is a little more than 1/3 of the deficit alone! Where did the money go?

In case you can't tell I am a fiscal conservative. that used to mean I was a republican but not any more. I would prefer NO economic stumulus package but the problem is the public sees all this wasteful spending and says, "what the hell, wheres MY check/healthcare/etc". After all we are the ones paying the taxes for all this stuff.
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