Eric Boughton_

What the Economy Needs Is a Helicopter Drop

"The net effect of this helicopter money plan would be to shift up to $3 trillion of debt from the consumer to the government."...???????...

I have a proposal: "NFL's Detroit team is atrocious this year. Why don't they simply trade all their bad players to the Lions?"

What exactly is your fairy tale conception of "the government"? Is "the government" some kind of disembodied entity floating above the troublesome entanglements of debt and solvency? Isn't the government, at the end of the day, all of us, and all of our descendants? Isn't the government merely the sum total of all the consumers, present and future? The proposal you make, like ALL the proposals of the past several decades, would accomplish, simply and precisely, the transfer of what should be our own debt burden, with its simultaneous augmentations (via interest and foregone investment), to our children and grandchildren. Along with Bernanke, Paulson, etc., I say you are making an IMMORAL proposal: one that only a chicken, only a whining, sniveling worm of a person, would make consciously. I don't know you, and I hope that you are motivated by ignorance, not by a desire to foist your own obligations onto others, but I also hope you come to understand your proposals in this proper light. America can not long survive with proposals like yours.