September 23, 2009

Julie Novak looks for monkeys and only finds nuts

Suppose I walk up to you and forcibly take from your wallet $3636. That is roughly about the amount of the Federal Government's combined stimulus programs per head of population.

I immediately give you back $900 of this for you to spend on anything you want - cigarettes, clothing, computer games, fridges, handbags, mobile phones, tattoos, anything you care to buy. You could even deposit it straight back into your own bank account.

I then spend $2227 of your money on things that take my fancy.

The rest here