re: #85 Aceofwhat?

Oh, you mean $50 billion that will be spent on (a) sales taxes as products are purchased, (b) payroll taxes as jobs are created, (c) income taxes generated by the new jobs, and (d) capital gains taxes.

So how much, do you think, of the $50B ends back up in the government’s hands?

I don’t think it ever actually leaves their hands… someone just sent me the following:

Its a slow day in a little East Texas town.. The sun is beating down,
and the streets are deserted. Times are tough, everybody is in debt, and
everybody lives on credit.

On this particular day a rich tourist from back east is driving through
town.
He stops at the motel and lays a $100 bill on the desk saying he wants
to inspect the rooms upstairs in order to pick one to spend the night.
As soon as the man walks upstairs, the owner grabs the bill and runs
next door to pay his debt to the butcher.

The butcher takes the $100 and runs down the street to retire his debt
to the pig farmer.

The pig farmer takes the $100 and heads off to pay his bill at the
supplier feed and fuel.

The guy at the Farmer’s Co-op takes the $100 and runs to pay his debt
to the local prostitute, who has also been facing hard times and has had
to offer her “services” on credit.

The hooker rushes to the hotel and pays off her room bill with the
hotel owner.

The hotel proprietor then places the $100 back on the counter so the
rich traveler will not suspect anything.

At that moment the traveler comes down the stairs, picks up the $100
bill, states that the rooms are not satisfactory, pockets the money, and
leaves town.

No one produced anything. No one earned anything.

However, the whole town is now out of debt and now looks to the future
with a lot more optimism.

And that, ladies and gentlemen, is how the United States Government is
conducting business today