Creative Investments
Ouch:
On Feb. 17, 2009 — the day Obama signed into law his $787 billion stimulus bill — gold was selling at $970 an ounce. For a mere $600 billion, we could have bought two ounces of gold for every man, woman and child in America, and the value of that investment would today be more than $1 trillion, or $3,514 per capita, a net gain of 81 percent.
Labels: Obama Affective Disorder
Presented for your delectation by the Gentleman Farmer at 7:40 AM
Comments on "Creative Investments"
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The Old Timer said ... (7:17 PM) :
post a commentYes, but if the Government had just bought gold for everyone, there would have been no economic stimulus and unemployment would still be stuck at 9 percent. Oh, wait. Never mind.