Last night, the House passed its economic stimulus bill, sans Republican support. Quite honestly, I am disappointed. Mainly because the few really good ideas in the stimulus bill have been completely watered down by a bunch spending that does little more than perpetuate that status quo of throwing money at the problem.

This week, it became apparent that our leaders are ready to take us on an all-out spending spree.

The economy is looking somewhat troublesome right now, what with stagflation and  the possibility of recession. And what are some saying the answer is? Well, many think tax cuts are the answer.
Of course, in the past, this has usually meant tax cuts for the rich and businesses that are supposed to “trickle down” to stimulate the economy and help the rest of us (but usually don’t). However, President Bush, reports the Wall Street Journal, is apparently mulling a $500 tax rebate for all Americans.
The idea is to kick-start consumer spending again. But for most regular folks $500 isn’t going to …read more