I think Peter Kirsanow has it about right.
Abbott: The economy’s a wreck. People have a lot less money now then they did three months ago.
Costello: No problem. The federal government’s going to spend $1 trillion to put more money in our pockets.
Abbott: But the government doesn’t have any money either. The federal deficit’s already around $1 trillion. And the federal debt’s around $11 trillion.
Costello: No problem. The government will use tax money.
Abbott: But that’s our money in the first place. And we don’t have any more money.
Read the whole thing.
