Will We Kill the Recovery?

Obama says there are signs of recovery in the economy. If that's true, then the economy is recovering independent of the enormous stimulus bills, because as of May 8, less than 8% of the spending scheduled for fiscal years 2009-10 had yet taken place.

The Congressional Budget Office estimates that the true cost of the stimulus bill will reach $3.27 trillion. Not only has this plunged the country deeper into bankruptcy, but if we continue to borrow and print money to spend the other 92%, it will reverse the economic recovery and put the country into hyperinflation.

Remember when the administration said we had to pass the stimulus bills immediately (without delaying even a few days for congress to read or discuss the bills) or there would be dire consequences? Hum... Contrived crises are convenient ways for politicians to get funding for their pet projects.