Redistributing as fast as they can

$1.6 billion paid out by the federal government to cover the cost of free cell phones and 250 cell phone minutes a month for the poor.  Which works out to $800 million of tax dollars and $800 million of dollars borrowed from China and added to the national debt.  Real debt dollars last year and now this year and increasing each year.  Somehow it gets a little hard to believe that the American poor need to burn through that each year in order to survive in their lives.  Since they were not adding that to our yearly debt each year up to now.

Advertisements

About drrik

3rd career and 2nd childhood. Spends spare time repairing old things. Aspires to burn more gasoline, gunpowder, and ink in pursuit of slowing down. Child of the 60s and aspiring student of history. No desire to see us repeat the failed social experiments that keep failing for lack of human beings that meet the left wing standards and have to be killed off. Did engineering long enough to realize that very little is new and the wheel does not need to be reinvented.
This entry was posted in bailout, economy, Obama, socialism and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s