Some counties turning down stimulus m...

Some counties turning down stimulus money

There are 1 comment on the Daily Breeze story from Apr 21, 2009, titled Some counties turning down stimulus money. In it, Daily Breeze reports that:

Governors have made headlines for refusing at least some of President Barack Obama's economic stimulus package, but at the local level, cash-strapped cities and counties have been less vocal about turning down money.

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South Africa

#2 Apr 22, 2009
Whatever you borrow you have to eventually pay back. Itis better to wade through the muddy waters than be consumed by debt.

No one who has a lot of debt is going to get rich especially if it reaches a point where much of your expenditure goes to cover borrowed money, Africa is a typical example.

Most of these countries are up to their necks in debt and continually paying it off. So they cannot buy what they really need to live a good life because they owe so much and have to settle their debts first.

Do what is right and not spend unnecessarily. Nor spend thoughtlessly what is not really yours to spend in the first place.


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