atlas sighed (at me)
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(Originally posted on: 01-29-09 10:47:03 AM)
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Obama is planning to give Ma and Pa consumers a 1,000$ tax cut for being consumers!
In the wake of this recent downturn in American spending, the inventiveness of our federal government has increased, if I may say so myself, by not leaps, not bounds, but by only tiny crawls. In a concerted effort to increase spending and increase the output of services, they have decided that throwing money at the problem is a far better solution than actually addressing the core of the problem; the system itself. Why even bother changing or regulating the industries which have created this mess when we can simply give them ever greater sums of money and make them dependent upon the government as a creditor?
But to this new plan by Obama, you at least have to give him credit for noticing the flaw in Bush's plan; that it helped foreign corporations that we purchase goods from almost as much as it helped the ones who call themselves "American". However, the consequence of this plan is doubtful because the average American probably won't even notice it or think about it until this time next year. So much for bright ideas to bring back cohesion to American spending.
But I'm not just a cynic, and so I would ask you what should be done? I honestly think that the banks and the corporations who gambled, and lost, should be allowed their own place in the Earth. The people who are made unemployed because of their foolishness, although lamentable in itself, will simply have to suffer. They should be taught that unless they petition their government to more effectively control and moderate the excesses of their capitalist system, they, the individual, will be burned by the actions of the society they live in. This is hard medicine that no body wants to swallow, but unless it is, people in this country will continue living in some fantasy world where everything is fields of green and skies of blue with red roses for me and for you, too.
What do you think?
A witty saying proves nothing - Voltaire
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