Posted on 02/16/2014 3:31:12 PM PST by workerbee
But the local liquidity jumped for a moment!
totally agree even the prostitute had some expenses
my point was the only one that got to sit and do nothing but wait for their check was the IRS and they produced nothing
every one of the others was producing something then running around to cover each other
I would have the tourist be the federal tax collector that takes 20 bucks from everyone under threat of imprisonment and after a long day of stealing from the citizens decides to go to the hotel...
Well, done sir.
Well...why don’t you explain to us rubes how government stimulus works, then?
Sure. Give me a hundred bucks.
Whether it’s worth $100 depends upon the answer, of course...I guess there is a limit to your pro bono know-it-allism.
Another possibility, hopefully more likely, is a limit to one’s “rubeness.”
The analogy I always use is a swimming pool. The stimulus is like pumping water out of the deep end into the shallow end, and expecting to fill the pool. Of course, along the way, water spills and evaporates—that would be the petty bureaucrats pocketing their share along the way.
Since originally posting this analogy on FR several years ago, I have heard Rush use it. Great minds think alike!
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