the sky is falling, the sky is falling, but never fear, the Federal Government is here. But in another failed attempt to save the day, the administration announced they would use the full force of the government to spend our way out of this crisis. Congress hasn't even passed the $835 billion stimulus package and the Treasury Department announces $2 trillion more for the bailout for the fat cats on Wall Street. With that new emerging threat on the horizon, the stock markets tanked. Government is not the answer. They are the problem. These ideas do little to address the economic situation. It is just more scare tactics and government-savior rhetoric. Reagan once said that the most feared words in the American language are, ``We are here from the Federal Government, and we are here to help you.'' The Federal Government can't spend money it doesn't have. This will be debt that Americans yet to be born will have to pay off. The Congressional Budget Office said all of this spending will have a negative effect on the economy. Let Americans keep more of their own money, tax cuts for all those that pay and report their taxes. Wasteful government spending is not the answer. It is the problem. And that's just the way it is.
Ted Poe: “the sky is falling, the sky is falling, but never fear, the Federal Government is here. But in another failed attempt to…”
Editor's note · Context
Criticizing government spending and bailout measures during a debate on economic policy.
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