Browsing the archives for the economic stimulus tag.


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Auto-Economic Asphyxiation

Political Correctness, Politics, Society/Culture

Politicians always subscribe to the theory that throwing money at a problem, regardless of whether the money is ever even used to fix it, is always the solution to said problem. They never concern themselves with the actual implementation of their “fixes”. They simply allocate our money to federal agencies tasked with carrying out their wishes and their job is done. Yet another problem solved.

The economic stimulus package being jointly crafted by the President and the House is not the answer to our problems. It may not help. In fact, it may exacerbate our economic woes. It is by no means a done deal and must pass in the Senate, which signalled that they wanted it expanded.

In its current form, this socialist tripe; this stimulus package consists of tax rebates to 117 million Americans; Six hundred dollars to individuals who earn up to $75,000.00 and $1,200.00 + $300.00 per child for families who earn up to $150,000.00. People or families with incomes above those thresholds (who ironically pay the vast majority of income taxes) will see their rebates shrink as their income rises. Families with incomes above $200,000.00 don’t get squat.

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Technorati Tags: economic stimulus, President Bush

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