Friday, February 6, 2009

Is it just me?

I haven't even had breakfast yet and I'm shaking my head over the "stimulus" bill.  Admittedly, I'm not a politician nor am I an economist, but neither am I an idiot.  I have trouble thinking about anything if I first have to abandon all common sense - though it seems not many in Washington D.C.  have a problem with doing just that.  All the talk of billions and trillions is also beyond my comprehension but it seems pretty clear that spending that amount of money for any reason is going to mortgage our country to the hilt for generations to come.   It also annoys me that those who created much of the current problem are yelling the loudest and pointing fingers at the previous administration.  The only blame to be affixed there is in that some of these horrible policies and programs (Community Reinvestment Act) were permitted to continue and grow and that the S E C was apparently asleep at the switch.

What's coming off the top of my head now is the President's assertion that we absolutely have to pass this bill right now  because of the huge number of jobs being lost each month.  Back to the threats and scare tactics that seem to work for the Democrat electorate.  It may work with Obama supporters but for anyone with at least average IQ, can actually think logically and has even a little common sense it's pretty clear that very little in this bill will have a positive effect in that direction.  I actually think it may have the opposite effect - like trying to put out a fire with gasoline.  It also occurred to me that because of the prospect of this bill passing many small (and large) business owners may be paring down and actually escalating the problem.  I know we personally are  cutting back, reducing expenses, and putting off all purchasing other than what's necessary.
  
If it were up to me I'd be inclined to do nothing and let the market work as it was intended or at least pare down the thing to only what actually might help in the near future.  Conservatives know what will create jobs and even if they get a few crumbs in that direction, if it's added to multiple billions of bad stuff it won't have the desired effect.  Planting a rose on the top of a garbage dump isn't going kill the smell.

I would cut out everything that looked like new or increased entitlements, everything not based on sound economic theory and/or proven science (e.g. "green" mandates), and everything that fed into highly partisan groups or activities.  Nothing should be permanent because when we realize that it doesn't work we'll be stuck with an even larger government and more programs and entitlements to further burden taxpayers.  Am I wrong?  What am I missing?
OK, that's off my mind but I'll probably be back soon.

No comments:

Post a Comment