Tuesday, April 21, 2009

Just a little bit 

I'm about to give you all of my money
And all I'm asking in return, honey

"But cumulatively, they make an extraordinary difference because they start setting a tone ... $100 million there, $100 million here � pretty soon, even here in Washington, it adds up to real money."

Except, you know, really it doesn�t. Let�s say the administration finds $100 million in efficiencies every working day for the rest of the Obama administration�s first term. That�s still around $80 billion, or around 2% of one year�s federal spending.
Is to give me my profits
When you get home (just a, just a, just a, just a)
Yeah baby (just a, just a, just a, just a)
When you get home (just a little bit)
Yeah (just a little bit)
--The �Stimulus� bill created $787 billion in new debt

--Assume an interest rate of 5 percent

--5 percent of $787 billion = $39.5 billion

--$39.5 billion divided by 365 days = $108.2 million per day in interest generated from the debt issued to finance the stimulus package
All that money is not free
Your kids' wealth belongs to me.