To: RoosterRedux; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; Gilbo_3; NFHale; Impy; ...
RE :”
If you believe, as I do, that the macro economy is the sum total of all of its micro parts, then stimulus spending really doesn't make much sense. In essence, it's when government takes additional resources beyond what it would otherwise take from one group of people (usually the people who produced the resources) and then gives those resources to another group of people (often to non-workers and non-producers).
Often as not, the qualification for receiving stimulus funds is the absence of work or incomesuch as banks and companies that fail, solar energy companies that can't make it on their own, unemployment benefits and the like. Quite simply, government taxing people more who work and then giving more money to people who don't work is a surefire recipe for less work, less output and more unemployment. “
Stimulus is a short term political solution to get those elected through the next election. Democrats emphasize spending more and Republicans emphasize tax cuts more than Dems do; but those elected especially in the WH are dependent on stimulus to court voters(everyone LOVES getting FREE STUFF). And there is a whole army of gubment economic experts that will claim that it ‘works’, and Dems can always find a Bush or Mccain economic adviser to back them up.
Stimulus is like the old trick of putting saw-dust in the car engine crankcase to sell it to the sucker before it blows up , the sucker being the voter.
BTW : uber stimulus is a housing or internet stock investment bubble. It looks like uber growth for a while, then boom!
6 posted on
08/06/2012 6:02:16 AM PDT by
sickoflibs
(Romney is still a liberal. Just watch him. (Obama-ney Care ))
To: sickoflibs
ping..its a bandaid that all
8 posted on
08/06/2012 8:17:18 AM PDT by
dalebert
To: sickoflibs; RoosterRedux; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; Gilbo_3; ...
” Stimulus is like the old trick of putting saw-dust in the car engine crankcase to sell it to the sucker before it blows up , the sucker being the voter.”
The REAL problem, is that the current crop of Republicans in D.C. don’t give a rats azz about the country.....only themselves. The R’s are doing nothing.....just hiding, and
hoping to get elected again.
11 posted on
08/06/2012 10:26:54 AM PDT by
stephenjohnbanker
(God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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