Comments on: The Real Deficit Numbers http://www.leeeldridge.com/the-real-deficit-numbers/ A Bit of Commentary Thu, 09 Sep 2010 01:00:20 -0500 http://wordpress.org/?v=2.8.2 hourly 1 By: Lee Eldridge http://www.leeeldridge.com/the-real-deficit-numbers/comment-page-1/#comment-263 Lee Eldridge Tue, 02 Feb 2010 12:00:06 +0000 http://www.leeeldridge.com/?p=676#comment-263 Hey Bobby, I assume that's because most of the stimulus money has not been spent yet. I did some quick googling and was unable to find a recent number. One article I found showed that as of last September, only about $84 billion had been spent. Not sure if this is accurate or not, but it's probably close. That was one of the primary criticisms of the stimulus package when it was passed -- that too little of the money would be infused into the economy in year one. And a lot of it would be spent in year two and later. I was against the stimulus package because of it's size and scope. Very little of the bill actually had anything to do with stimulating the economy. Most of it was just more money for government programs. Hey Bobby, I assume that’s because most of the stimulus money has not been spent yet. I did some quick googling and was unable to find a recent number. One article I found showed that as of last September, only about $84 billion had been spent. Not sure if this is accurate or not, but it’s probably close. That was one of the primary criticisms of the stimulus package when it was passed — that too little of the money would be infused into the economy in year one. And a lot of it would be spent in year two and later.

I was against the stimulus package because of it’s size and scope. Very little of the bill actually had anything to do with stimulating the economy. Most of it was just more money for government programs.

]]> By: Bobby http://www.leeeldridge.com/the-real-deficit-numbers/comment-page-1/#comment-262 Bobby Tue, 02 Feb 2010 11:32:27 +0000 http://www.leeeldridge.com/?p=676#comment-262 I thought the stimulus package was close to $800 billion? I thought the stimulus package was close to $800 billion?

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