Monday, February 09, 2009

$1,430 for every man, woman, and child

Bloomberg has an excellent article on the pork bill that has a little bit of stimulus in it:
The $9.7 trillion in pledges would be enough to send a $1,430 check to every man, woman and child alive in the world. It’s 13 times what the U.S. has spent so far on wars in Iraq and Afghanistan, according to Congressional Budget Office data, and is almost enough to pay off every home mortgage loan in the U.S., calculated at $10.5 trillion by the Federal Reserve.

It makes you wonder why they don't just cut a check for $1,430 for everyone.
I'm kidding, of course. The government doesn't trust you to know what to do with money.

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