The real cost of stimulus package
It would go a long way toward transparency if our elected representatives would clearly remind the public that the stimulus package is money the U.S. is, in effect, borrowing in large part from China, which will eventually result in the worst tax of all: massive inflation. How will that be dealt with? Higher interest rates in the double digits. The real cost of government stimulus: the slow but sure foreclosing of our nation when we can't borrow more and our debt falls due. Someday we will find ourselves in a war as a last-ditch effort to revive what's left of our economy.
Larry Grogan
Glendale Heights
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