Thursday, February 12, 2009

Stimulsuck package

I am having a tough time following the spin from both sides on this one (stimulus package). The left is SO sure that this is exactly what we need. This will create jobs, boost economy, build confidence in the stock market again, and confirm Obama's spot on Mt Rushmore. The right is convinced that this is the end of the world as we know it. This will cause out of control inflation, bolster bubbles in the market, dive the country into debt we will never get out of, and plain and simply waste a ton of tax payers money on things like "a Frisbee park in Texas".
So, how does the average person sift through all the talking heads and media spin? The only thing we have to do is take a look at American history. Very few problems we face today have never been seen before. This country has seen almost everything economically, morally, emotionally, and spiritually in the past. So, a rational and smart person would figure that history repeats itself and we should learn from what the people before us did. Learn what to do as well as learn what not to do. We also know that doing the same things over and over and expecting different results is insane. Lets look at the great depression. How did we get out of that? The New Deal? Gov. intervention? If you believe either of the former worked you are surly an Obama supporter or know nothing about history, take your pick. If the New Deal worked than why did it take WWII to change the unemployment rate a significant amount. The new deal was instituted in the early 30's. We didn't join the war until Dec 8th, 1941. Point number two, the companies that really boomed in the 30's where entertainment, big oil, and auto. All of which did not receive any money from the government. If anything the government put up barriers for the auto industry by siding with the union when they decided to strike in a GM factory in Flint, MI. "But Quentin, Obama wants to invest in wind power and solar panels and ethanol, what is wrong with that. That will make us energy independent." Energy independence is an oxymoron, we will NEVER be independent of energy. OK, if windmills and solar panels were such a good idea, cost efficient, time efficient and space efficient, a talented entrepreneur would have found a way to get rich off it a long time ago. but guess what, coal and hydro plants are still more cost, time, and space efficient, so that is what people are going to buy. Even if these things where a good idea, who is really paying for them? Taxes. So basically we are paying for the plants to be put up and then we will have to pay ridiculous amounts monthly for the power they supply.
It really doesn't matter what I think, this things is going to get passed no matter what. How will success be measured? Will Obama hang a banner reading "mission accomplished" from a AC carrier after a month? (smooth move Bush) Will it be measured by the stock market? (which has fallin every time Obama publicly talks about the package) Unemployment rates? I am sure that any increase in the market from this point on, Obama will take full credit for. If things don't recover right away it will be because Bush left us with too much debt and those evil Republicans don't support the Dems. Basically Obama can do no wrong in this situation, according to the media and other Dems.
I am a firm believer that this country would be better off if Obama fired half the people in Washington and sat in the oval office for the next four years and fell asleep like Rip Van Winkle, than if he passes this thing or any other policy he has in mind.

4 comments:

Kasey said...

I'm really impressed how your retain all of this knowledge about politics and write about it in such an understanding way!! Love ya.

Anonymous said...

Q, went to Blimpie Subs today (that is irrelevant but they make a darn good Tuna Sub and they are now doing the $5 footlongs as well) and I was watching CNN. They were talking to one of the Mayors and I forget where they were from there was one from Southfield, MI on there was well and they were talking about how the plan is going to create jobs. This particular mayor (not the one from Southfield) said they were going to use the money to build roads and it was going to create 30,000 jobs. Ok, great what happens after the road is complete? It almost reminds me of the Clinton era, when the economy was last above the red. What people seem to forget is that during the Clinton era a lot of those companies were internet based companies that crashed during the early 2000's when Bush took over. Was that Bush's fault or Clinton's? The Stimulus plan is supposed to create jobs but for how long? Long enough until Obama finishes his term, then what I ask again then what?

qhunt said...

dan
good call man. you really have something to say, you should create your own blog. I know I would read it. I couldn't agree more. these aren't really jobs, they are work orders. WORK not JOBS. big difference. moreover, the money for this work should not be coming from the federal government in many cases. Why the heck should you and I be paying for a people mover in Miami? Florida should be paying for that. local gov needs to take control and quit letting Fed make them dependent. big brother never does you a favor without more in return... you know that as well as I do with all the brothers we have!

Anonymous said...

I thought about starting my own blog I will let you know if I do. Something else I just read about Clinton. He seems to think he has nothing to do with the economy going under. Hit this website and let me know what you think...
http://news.yahoo.com/s/time/20090216/us_time/08599187977400