Equity and the Stimulus

Andrew Dubinsky created the attached chart which estimates how the estimated $6700 per person Stimulus Bill will be paid for. That should not be surprising. I am not sure whether the analysis is complete. If most of this is being financed from debt, the real cost may be forwarded not by income class but to future inflation. If that comes the effect will not only reduce the propensity of investors to add capital to markets, it will also set up some longer term trends for the country which would transform the current slowdown to something akin to the 1970s or worse.