Tuesday, February 10, 2009

Stimulus Overload

I am reading all of the articles on the stimulus and trying to digest it all, but there is just so much I cna do before I want to ram my head repeatedly into the wall next to my desk, then grab a fifth of vodka and curl up in the corner.
Obama urged Congress "to act without delay," saying that only the federal government can break the "vicious cycle" gripping the U.S. economy.
Who thinks Thomas Jefferson, George Washington, et. al., are spinning in their graves over the statement that "only" the "federal government" can save us. These are men whose intent was to avoid a central government having that much power.
I am also curious to know - which companies are doing great? What is their secret - or blatantly obvious business protocol and has anyone in D.C. stopped to look at that?
"It is absolutely true that we cannot depend on government alone to create jobs or economic growth. That is and must be the role of the private sector," he said.

"But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back to life."
What are those resources? Better to ask who are those resources? They are us. The taxpayers. Don't kid yourselves - we are the pawns upon which Obama is counting. The question is, who will be motivated to produce to give it up to the person standing next to us with their hand out?

1 comment:

Dad29 said...

Actually, the private sector has about $700Bn of money on the sidelines--waiting, waiting, waiting, for Gummint to get out of the way.