Though we are told the “economy is doing nicely, thank you very much,” it is equivalent to the head of the household perceiving his or her budget in the same manner without referencing the debit column. According to The Washington Post , since 2000 revenue from income tax has declined 3% in conjunction to the GDP, and 1.2% in corporate tax whereas government spending as a percentage of GDP has risen 1.22% or a total of the GDP of over 5%. How can this stimulate the economy? Simply put: by borrowed time. Even though from 2000 to the current year, the net loss to pay as you go has been $819 billion added to the national debt [some $7trillion], debt is wished away, not unlike equity loans and credit cards, by avuncular uncles from foreign soil. For instance, in 2000 we owed Japan $319 billion, now it is $695 billion, and twisted China for $116 billion on top of $50 billion, not to mention we increased our debt Britain, and of all places the Caribbean Islands by 60.7% and 58% respectively since 2000. Of course there are a host of other countries we are substantially more beholden to since 2000.

Yes, indeed we have comfortably stimulated Paul, but Peter is pissed off.