Who is this nut?
- kired
- "You need to believe in things that aren't true. How else can they become?" T. Pratchett
30.1.09
File Under: Why this guy is an idiot.
They are trying to tell us that the way to fix our economy is to get banks lending again. If that's the case, why am I fending off so many offers to lend me money, both personally and professionally. There are plenty of people out there who can get loans and can even repay them. The reason the economy stinks is those people, well us people. They are like me, they have hunkered down and aren't spending what they normally would.
You can dangle employee pricing and 0% in my face till you pass out, if I don't want to spend it, I'm not going to. The way to fix this economy is to let people like me hear that jobs are being created, the state and municipal governments aren't laying off essential personnel. That the roads aren't going to crumble due to lack of funds to repair them. That the schools won't have to cut things like school nurses in the next round of budget cuts. Let us hear that, and we might start buying things again, thus ramping up our economy.
I'm not even touching on all the impact that a solid renewable energy policy would have on the economy. I'm just saying that giving a bunch of rich folks some more money to use to put Americans further in debt is not even remotely the answer.
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1 comment:
the free market got us into this?
I challenge you to find a single market that is free
And only way you can argue that FDR successfully treated the depression with Keynesian economics if you count "Antagonizing Japan into attacking us" as a government stimulus.
The truth of the matter is that the government cannot create money. It can either tax, or borrow, which it will subsequently repay by taxing. And who does the government tax? not the rich, Ironically, but the earners. All this "stimulus" will do is give us five better years. Mean while, there are so many stipulations attached to bill that it guarantee's no one will actually be able to use to prosper.
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