What do you think about the current stimulus plan?
Take the “promise” of 3 million jobs created and divide it into $787 billion… that equals $262,000 per job! Does that make sense?
In April 2008, the Bush Administration attempted to stimulate the economy with their own $150 billion plan – a strategy that resulted in no additional jobs created, a higher national debt and a weaker currency.
The Obama Administration’s $787 billion stimulus package is evidence that the government thinks more is better. Educate your Members of Congress and Senators that repeating the same behavior will not result in a different outcome.
Tags: David Breuhan, higher national debt, Spread The Wealth, stimulus package, weaker currency
David R. Breuhan is a Bloomfield Hills, Michigan based money manager who specializes in the management of corporate retirement plans and asset management for high net worth individuals. He received his Bachelor of Science from the United States Military Academy at West Point and was graduated with high distinction from Walsh College being awarded a Master of Science in Finance.