Posted by
lge on Saturday, January 26, 2008 1:25:42 PM
I don't mind the "stimulus package," especially if the gummint sends me a check for a few hundred dollars. My rule is, If they give it, take it.
And as for interest cuts, OK, cut 'em. It might help something.
But neither of these two small, puny gestures is going to bring 3,000,000 jobs back from China and other low-wage countries. THAT'S what's trashing our economy -- the "giant sucking sound" Ross Perot (the Hand Grenade in a Bad Haircut) predicted.
We have all our production done somewhere else, meaning, somebody else does all the earning. And we do all the spending. Does it take an economics genius to know that that's out of balance? That it's going to cause problems? That it's making our money shrink until it's not worth a Continental?
But off-shoring, tariffs, protecting our whole source of prosperity -- that's one issue our far-seeing, noble, brave legislators will not raise. That would make them "protectionists," and God Forbid we protect our economy! Better to be sacrificialists, and sacrifice our economy, our strength and our national security on the altar of political correctness, niceness, do-gooderism, and hare-brained, Cliffs-Notes economic theories.
As long as it's considered low, mean, selfish, non-PC to do something in our own country's national interests, none of the geniuses in Washington will be able to save our economy from its crash dive. They will continue betraying our country by their feckless cowardice and fatuity.