Monday, February 16, 2009

Wait a minute...

...wasn't one of the reason for not having more of the "stimulus" money go directly to the taxpayer the fear that the average Joe would merely use it to pay down his personal debt or sock it away in savings?

Va. budget shortfall increases, but federal stimulus will offset

Gov. Timothy M. Kaine says Virginia may not have to cut its budget any further, thanks to a rich uncle in Washington.

Kaine, in a noontime interview with reporters, said dollars to the state from President Barack Obama’s plan to jump-start the economy should more than offset a continuing decline in state revenue.



So it's okay if the states do it but not if the man in the street does it?

2 comments:

  1. Oh brother. That's all I can say.

    ReplyDelete
  2. You're almost correct; it's okay if another unit of government does it.

    ReplyDelete

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