The Bush Administration has admitted that the package they’re currently touting will bring less than $60 billion in 2003.
Now, let’s compare this with eBay.
For the fiscal year ended 12/31/02, revenues increased 62% to $1.21
billion. To generate these revenues, eBay moved a bit more than $14
billion of gross merchandise. Following eBay’s growth pattern, it’s a
fair bet to say that eBay will move about $20 billion in 2003.
In other words, the big stimulus plan from GWB does less than three
eBays. And if you can start your own eBay… hey, there’s an idea…