Putting the Bailout Money Into Perspective
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When talking about the bailout, the word “trillion” rolls off the tongue very easily. Does anyone actually realize just how much the bailout is per person in the United States?
According to the census population clock, there are currently about 306 Million people in the United States.
If we just take what the government “has spent” through April 01, 2009 on bailouts, New York Times estimates $2.5 Trillion, this equates to $8,169.93 per person in the United States. In other words, the government has spent in the last few months $8,169.93 for you, your spouse, and each of your children.
The government has made commitments of $12.1 Trillion, which equates to $39,542.48 PER PERSON in the U.S. According to the census, the median household income is $48k per year. If the average household is only 2 people, this means that the government has committed or spent almost two years income for every household in the U.S. Again, this is per person — that means if you have a spouse and just one child, the government has committed $118,000 of your family’s money.
And then they try to appease us by giving us up to $800 per family…
The above amounts are how much debt the government is creating on behalf YOU and YOUR CHILDREN, and this amount of debt has been created for you by the government in less than a year.
So, what can we do about it? Sadly, not a whole lot. This is what we CAN do, though:
- Write your congressmen and senators, telling them how much they’re spending for you and how angry you are. If they don’t listen to you, don’t vote for them ever again.
- Whatever you do, DO NOT VOTE FOR ANYONE WHO VOTED YES TO THE BAILOUT. This may mean you need to vote for the opposite party, or maybe even a third party if you don’t like the opposing party. If we keep re-electing the same politicians, how can we expect to have different results? Perhaps it is time to move away from our 2 party system. Learn who your congressmen and senators are, and find out if they voted Yes to the bailout. Here is a list of congressmen who voted yes and no to the bailout. Here is a list of senators who voted yes and no to the bailout.
- If you don’t like the opposing party, do some research into alternative political parties. They may not have much power yet, but at the rate we are going, and with how fed up everyone is with both republicans and democrats, they will be gaining power over the coming years. A couple that have been gaining momentum and may be worth looking in to are the Libertarian Party and the Constitution Party. There are many others, of course. Do some research and find an alternative party that believes what you believe.
- Protest. Writing congressmen and senators is usually not enough. The Tax Day Tea Parties were impressive, and both the media and the government were watching. Find other similar protests, or even start a protest of your own.
- Realize that the money the government is spending is coming from you in one way or another. If the government makes the “wealthy class” (aka your employer) pay for the bailout, who do you think they will be forced to take the money from? It will come from your paycheck or benefits, or from an increase in their prices (and the prices of everyone else), which will effectively make your paycheck worth less.
- Spread the word. Your vote can make a difference, but the votes of you and your friends and family can make a big difference.
We don’t have to lose our nation to debt. We can save it, but we need to act now.
- Greg Wilder II -
Concerned Patriot

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