“A President can no more stimulate the economy in the short run than you can make a child grow a foot in a week.” – Russell Roberts
We’ve been here before. Seven summers ago, was it? Got some “rebates” then, we did. Hey, it’s a check with our names on it. Not like we’re going to throw it in the shredder.
But it did nothing to “stimulate the economy.” It was taking a bucket of water from the deep end of a swimming pool and pouring it in the shallow end, to borrow another marvelous analogy from the above column.
They shouldn’t have it to “give back” to us in the first place. Private citizens drive (or “stimulate,” if you wish) the economy, and the more money they have, the more ability they have to do so, and…ah, the hell with it.
You know, I started to write an impassioned plea for meaningful budget and tax reform, but what is the point? No one with a good plan can win the presidency. No congressional contingent with a good plan can possibly pass it. Too many voters are too accustomed to sucking that tit. Do it for me, mama. I can’t do it for myself. I hurt. Move to help me, government.
Remember that scene near the end of A Clockwork Orange in which Alex is fed his “eggiwegs”? He came by his state rather differently, of course, but it’s still what I think of every time I read/hear of a new government program.
How much longer can we feed this monster?