SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (100752)9/4/2011 3:19:28 PM
From: Jim McMannis  Read Replies (1) | Respond to of 149317
 
RE:"A lot of it went to state and local government to make up their gaps and tax cuts"

True but that's a pretty loose use of the term "tax CUT". More like a lose of revenue which should never have spiked in the first place. Meanwhile the state and locals put us on the hook real quick while it lasted. I'm sure, like you said, the stimulis bailed 'em for a year or two but as usual rollbacks weren't made as you always have hell taking it back.

RE:"How much of the stimulus was actual spending by the federal government?"

I gotta tell ya, I'd love to see an audit. Trouble is the corruption is massive and wide spread. Crooks would have to sue each other and throw each other under the bus.