Bad Dog

The Non-Stimulating Stimulus Bill

It's NOT a good article. It's crap; that's what it is. Just one example: the reference to "crowding out investors". What investors? There aren't any. Banks are not lending very much. VC funds are pretty quiet and cautious. Interest rates are incredibly low. WTF is this "crowding" the "pundit" is going on about. The fact is - and actual qualified economists say this - without the stimulus package - without the activism of the FED - your ass would be hanging out of your pants and we would be in the midst of the second Great Depression. May I remind you that there are still millions of Americans - your fellow citizens - who are living on the edge. The stimulus package is keeping a lot of people in work who would otherwise be out of a job. That may not mean much to you if you are of the ilk that believes that the economy is a matter of shifting money around from one place to another. But in the real American economy where people make things, this stimulus package is a very real thing that is doing a lot of good.


On Sep 01 08:05 AM Schweizer wrote:

> One of your best articles yet. Stimulus bill is a "Stumble-us" bill.
>
>
> All this false hope only to result in things being far worse than
> they would have been.