Saturday, February 07, 2009
You Have Another Think Coming
Harvard Economics Professor Robert Barro, who has another article on the general subject here
Labels: Robert Barro quote
Yet we're told by the Obama administration that we're headed for catastrophe if this bill isn't passed right freakin' now.
Sorry...I don't think catastrophe will hit if we don't allocate $9 billion dollars for broadband expansion by Monday.
And as far as I know, the only thing that was incentive based in the Bush tax plan was buying ridiculously over-sized vehicles.
How does lowering tax rates differ from "throwing money at people?"
To quote an old joke, "Truly it is a crock of shit, for it stinketh mightily."
Letting people who would otherwise have to pay taxes pay less so that they have more of their money in their pocket is different from a welfare payment in the moral nature of the government's action. Taking money from people who earned it and giving it to people who did not earn it is theft and wrong, no matter how many statutes authorize it. Thanks for the good questions, Mike. Eric, I agree this bill is bunk; if all government spending was stimulus, wouldn't Zimbabwe be the most prosperous nation in the world, rather than the disease ridden basket case which bad leadership has made it? We have had moderately bad leadership (hit or miss) for the past 20 years, now I believe we have unmitigated horrible leadership. Luck or proper leadership from a properly chastized GOP could get us out of this mess. I'm not holding my breath.