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US gov’t inspires citizens to keep spending « The Rev. Brendan Powell Smith

US gov’t inspires citizens to keep spending

Friday, January 30th, 2009 - 11:20 am PST

Already a record $10 trillion in debt, the US government is poised to spend another $800 billion it doesn’t have in an effort to stimulate the failing economy.  This bold fiscal policy is proving inspirational to tens of millions of US citizens whose unsustainable spending habits have caused them to fall deeply into debt, many of whom have also recently lost their jobs, their health insurance, and their homes.  Jacob Collins of Fort Wayne, IN, who has racked up $38,000 in credit card debt says, “I’d been thinking I should go on a spending freeze until I find a new job, but now I’m thinking a new 52-inch Sony HDTV might be a good stimulator.”