The Circle Jerk Chronicles--It's Demand, Stupid
But Seriously Folks
The stimulus will only work if DEMAND is truly stimulated. People have to spend. They have to want to spend. Nothing else matters. Ace has a few clever ideas here. My solution is to get a $300 credit card out to everyone everywhere with an expiration of thirty days. I think $300 times two hundred million is cheaper than two tril. Ain't it? I think it only comes to a couple of hundred billion. It's demand, stupid.
Now to something completely different: There is nothing in the bill for Obama's so called blue collar base. Nothing for steel workers, ditto for home owner relief, coal miners, and a raft of other rust belt type people.
This is HillaryCare times about ten. Compiled in complete secrecy by an elite and sent out to us with the order to pass it in one day. Sorry, God
2 comments:
Well, demand ain't here no more. Our economic theory, which calls for growth, growth, and more growth, is dead.
Sure, the goverment is wasting money. But, every construction job for the last twenty years was an even bigger waste of money! What do all those crappy houses and crappy strip malls and garbage office buildings add to the economy? ZIP. It was all nothing but makework.
We need a certain amount of stuff to live. We don't need so many people to make it any more.
We need a new economic theory, this ones busted.
A few ideas: cut the work week to thirty hours (with a cut in pay), punish overtime, both in hourly and salaried people, with jail time, establish a minumium level of income for each citizen. It’s no ones fault they cannot find work. Eliminate barriers to hiring new employees. Secure the borders-if we have a minimum income, citizenship will actually mean something again.
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