NEW YORK (CNNMoney.com) -- On the first day of what is to be a two-week economic tour around the country, Barack Obama said Monday he thinks lawmakers need to inject another $50 billion immediately into the sluggish U.S. economy...This is how it started last time, but I think it was John Edwards calling for $25 billion in infrastructure spending, then Hillary upped that to $50b in unemployment, then Obama piped up. Finally we got George W. Bush outdoing them all by simply sending out checks for about $150b, or 6x the size of the 'big spending' John Edwards.
He said specifically that he supports expanding and extending unemployment benefits, as well as a second round of tax rebate checks.
Since that worked so well, Obama wants to spend $50b this round*. That means by next week, Bush should be readying plans to print up another $300b** for us so we can spend ourselves even richer.
* Is the first round over already? All I've bought with my helicopter money so far is a chainsaw. I hope I don't have to give the rest back or anything.
** While simultaneously bragging about his Strong Dollar Policy. The rest of the world must just laugh at us all the time.