THE LONG-TERM COST OF A STIMULUS PACKAGE

Some conservatives are whining that a large stimulus package will unfairly burden our children and grandchildren with debt and one commenter said we should look at the interest rate of a 10 year Treasury Note to get a feel for how much the package could cost us. Here's a chart of the rate over the last 2 years and notice how the rate has DECLINED despite all the money we've been pouring into the financial system. To me, this indicates that borrowing our way out of this mess won't result in prohibitively high debt.