Best Post of the Day so far on Why the Stimulus Package only Stimulates Government
by Mr. Bob | 1:10 pm, February 17, 2009 | Comments Off
#redco #stimulus #tcotFrom Steven Nielson....The theory is simple - the government injects "stimulus money" into the economy - a series of infrastructure jobs and pet projects - such as an $8 Billion high-speed rail line between LA and Las Vegas (home to Sen. Reid - pet project anyone?), or a bridge to nowhere... Jobs are created for these "shovel ready" jobs... but the money must be taken out of other sectors of the economy - through higher taxation of other individuals - or in our case, ANOTHER DAMNED LOAN FROM CHINA.
The cause of the economic crisis is NOT because government didn't do enough... it is because government over-regulated, made impossible demands on banks and other sectors, and then waiting for the implosion - so they could swoop in and clean up the mess with "the only solution left - Nationalization"...
Friends, family, and readers alike - I echo the words of Jack Cafferty: "Why am I not surprised? Congress lying to the American people has become part of their job description. They can't be trusted on anything anymore." READ THE REST at the New Conservative
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