The $100 Question

I got an email the other day titled "The Stimulus Objectively Examined." It was intended as a political statement, and based on who sent it I suspect I know how this is supposed to be interpreted.

But that is neither here or now. Politics aside, it poses an interesting puzzle (like the old three guys renting a motel room)  and I present it to you here as such. Here's the email:

It is a slow day in the small Colorado town of Pumphandle and streets are deserted. Times are tough, everybody is in debt, and everybody is living on credit.

A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.

As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher.

The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.

The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op.

The guy at the Co-op takes the $100 and runs to pay his debt to the local lady of ill repute, who has also been facing hard times and has had to offer her "services" on credit.

The hooker rushes to the hotel and pays off her room bill with the hotel owner.The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.

At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 bill and leaves.

No Jobs were created.
No one produced anything.
No one earned anything...

However, the whole town is now out of debt and now looks to the future with a lot more optimism.

And that, ladies and gentlemen, is how a "stimulus package" works.

Now, here's the $100 question. In this scenario, who did not come out ahead? Anyone? Anyone? Let me know who, if anyone, came out a loser in this little story? Did everyone really win?

Inquiring minds want to know.