The Read, Right, and True

Our new president has certainly established his presence on the Internet. Change.gov, currently a link to whitehouse.gov, and now recovery.gov. This new site promises to allow the tax payer to see how his money is to be spent on the American Recovery and Reinvestment Act. This $800 Billion dollar plan will most likely be paid with borrowed money. Money you grandchildren will be paying off. There is also the question of whether the package will be successful at stimulating the economy.

The presumption is that if the govenment spends money, the economy will magicaly recover. That spending money is the same ans convinceing the people that it is safe to invest again.