Tag: Economic Crisis

The GOP Alernative For Stimulus

House GOP Leader John Boehner on plans for an economic stimulus and working with Barack Obama to craft such a plan:

“Republicans stand ready to work with President-elect Obama and our Democratic counterparts in Congress to enact an economic recovery bill that focuses on tax relief for working families and small businesses, rather than increased spending on government programs and higher taxes. House Republicans have put forth a plan that would do what Americans are asking Washington to do on the economy. President-elect Obama has expressed a desire to govern from the center. In that spirit, I’m hopeful he will give our plan his full consideration as he assembles his economic team – not for our sake, but for the sake of the American people, who are struggling in this economy.”

That is the alternative—it has been the alternative for decades.  It does not necessarily prove to be accurate–but the Repubs keep harping and pushing a tired, lame ass tactic.  We have had 8 years of tax cuts and it did NOTHING to stop the economic meltdown we are experiencing at this time.  But it will now somehow miraculously save the economy.

The only answer I have to his pile of steaming bovine fecal matter is a quote from John Stuart Mills, “I am not saying conservatives are stupid, but most stupid people are conservative”.

Keep It Simple, Stupid!

K.I.S.S.—we all have heard this old acronym along with the usual  FUBAR and SNAFU…well KISS should be used by the Idiots in Congress when debating the future economic stability of the country.

Okay, I will try to keep it simple……

If you want Econ 101….all this boils down to the Law of Supply and Demand…..there is plenty of supply and little or no demand…..in other words plenty of stuff to buy but no one is buying….got it so far?

The Repubs agrument for the economy is to cut taxes and that will jump start the wheels of recovery……they say that it will make companies start making stuff and hiring people……not so tough so far……now if the supply is there but no demand….why would making more supply create demand?

Guess what?  It will NOT create demand…it may tickle the gears with a feather but will not bring us out of the situation the economy is in.  I am waiting for one of the Repubs to bring up the Laffer Curve theory, which basically states that “if left unattended a recession will right itself”  Another one of those complex things they will throw out there to confuse and hopeful persuade.

It is all so simple….to create demand, money must be put into the hands of people who will spend it.  money does not need to be saved, itr must be churned back into the economy as consumer spending.

Just ask your representative to explain it as if you were his/her grandparents…if he uses words with 4 or more syllables make them stop and start over.  It is not as complicated as they want you to believe and there is a simple explanation….you deserve to know and to understand……MAKE THEM DO IT!