Tuesday, February 17, 2009

The Public Coffer

I find it amazing that the polls show that the majority of the American people support the "stimulus " package that was just passed by our congress.

Not that I believe we didn't need something done, although I believe the free market would have resolved the crisis in due time. What I believe is that so many people support a bill that even the majority of those that voted on it never even got the chance to read it. They trusted, not economist, not industrial leaders or veterans of similar situations, but politicians, to write a bill that could solve the woes we now face.

That's like trusting a virgin to write the Karma Sutra.

The blind masses support a bill that was passed in a hurry so it could sit on the president's desk for 3 days. Wouldn't that time have been better spent learning what is actually in it?

I am sure there are things in the package that will mean more money being spread around in the form of government contracts (we know how well that works out, more $200 shovels and $1000 toilets.) But what I don't think most people realize is that it is not free money!

When the dust settles, we have to pay for it.

Until we have a country that is competitive once again in the world for what we produce and not just what we consume we will stay beholden to the handouts from the government and that will only increase the amount of people that vote for bigger government. But in the end taxes will have to be raised to pay for our "stimulus" which will only hamper our ability to produce and lead to a smaller role on the world stage as exporters of goods.

The shamwow and snuggie are both produced in foreign countries. What the hell?

Our lawmakers have voted to strengthen unions, print money and place the government in greater control of our lives.

Quite an experiment.