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Clock
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This excellent clock comes from the Poodwaddle web site. Yes, that's what it's called!
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DownsizeDC
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The Town Crank
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Oct
24
Written by:
Steve Erbach
Friday, October 24, 2008 6:13 AM
Do you think a second stimulus will boost the economy?
(published 27-Oct-2008, Appleton Post-Crescent)
The economic stimulus is like getting a home equity loan: borrow money using the valuable equity in your home to purchase a TV or boat or ... wait ... there IS no equity in your home anymore, is there? This is supposed to boost the economy, you say? Ohhhhhh, I see! Make it LOOK like the government can fix the economy by printing more money! Hey! Don't worry! Future politicians can deal with future inflation and dollar devaulation, no problem. Like so many other great congresscritters before them they'll just print more money! Why, that stimulus thing sounds better all the time! All those crisp new 50's and 100's! And if my Congressman votes for it, why, he'll get MY vote! Yessiree! How brilliant to make a purely political response to a crisis CAUSED by government policies look like reasoned, rational -- and COMPASSIONATE! -- action. I think I'm going to go cry now...
Tags:
2 comments so far...
Re: Recent commentary: another stimulus? Oh, boy!
1. Do you have a home loan? 2. If you bring in less money is it harder to pay back the loan? 3. Is the1.2 trillion we spent on Iraq an example of those compassionate programs that have given us this deficit? 4. We had a surplus just 11 years ago. 5. Isn't it true that the more you own, the more you take advantage of government services? Take an oil company for example. We fight wars, build infrastructure, protect shipping lanes, educate workers, create trade deals, maintain ports, maintain communication networks, and a thousand other things that help them. Joe City Dweller walks to work, doesn't own a home but rents instead, doesn't have a car. Sure he benefits from some government programs but not anywhere remotely close to the oil company. Yet his net income is going down and his taxes are going up while the oil companies gouge us and ARE GETTING SUBSDIES TO BOOT! how is that fair?
By Tw9ff on
Saturday, July 09, 2011 2:28 PM
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Re: Recent commentary: another stimulus? Oh, boy!
Tw9ff,
1. No, I rent. I have owned and paid mortgages on three homes, the last one foreclosed. Your point?
2. Yes. Your point?
3. I don't understand the thrust of the sarcasm/false dichotomy.
4. And a few other times in our history, yes. Doesn't last, does it?
5. I'm against subsidies for corporations, farms, the arts, etc. Regarding oil company subsidies, we're either paying for it through taxes or we'll pay for it through increased prices for gasoline at the pump. Which would you rather have? The people who pay income taxes (about 52% of the populace) subsidizing the oil companies to the tune of $20 billion over the next decade (according to the NYT in May, 2011)...or everyone who drives a car paying higher gas prices at the pump? I'm not saying I like the subsidies; I'm just saying that you need to examine what you wish for. The oil companies would simply charge more for their products...and the poorest people who drive cars would be hardest hit. If that's more "fair" then great!
The Town Crank
By tc on
Saturday, July 09, 2011 8:09 PM
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Tea Partyer
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U.S. Congressman, Maxine Waters, says that the TEA Party "can go straight to hell." Well, after you, Maxine!
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Our Founder
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"Just shut yer yap, leave me alone, and stop raising my blankety blank taxes!"
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