Saturday, April 26, 2008

Bush advocates premature ejaculation over long term solutions to very difficult problems

Typical to the republican stance on how to help the economy, we are about to be ejaculated all over with the disbursing of tax "rebate" checks. Remember, it was your money in the first place that they are handing back to you.

If you thought making risky loans to high risk populations was good operating policy, I'm sure you think Bush's tax rebate will be just the fix our economy needs. Unfortunately, my prediction is that this tax "rebate" will be just as effective as the rythm method is for fornicating teenagers. Temporarily, the act feels good, but in the end, you are still just as pregnant.
We want to make sure everyone who's eligible for a check gets one on a timely basis. This money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store, and it will also give our economy a boost to help us pull out of this economic slowdown.
When do you expect Bush to come up with a long term strategy to fix the economy going forward? Never?

I suspect you are right. The man and his administration has been all about instant gratification over long term, difficult solutions. In the end, we end up with yet another quagmire such as Iraq where if we hadn't spent the trillion or so dollars on, we might have achieved two aims: cured the economy and caught the bad guys.

In the end, the reality sits: You can't spend your way out of an economic crisis. Pouring our rebate checks into our gas tanks may feel good in the short term, but will it save us from ourselves? Not given the fiscal irresponsibilities of this administration.


Anonymous said...

Government 'R' Us

The government doesn't have an independent source of income.

The so-called 'rebate' is tax. Either it's a direct tax like the income tax or an indirect tax like inflation. If the money is borrowed, the government will have to pay it back with interest, which means higher taxes. The only question is who pays the tax. You'll pay, there's no where else to get the money.

SheaNC said...

This is like a backdoor approach to giving Big Oil another subsidy from the taxpayers, as we have to pour this money into our fuel tanks. Another brilliant scheme for the redistribution of wealth from the working class to the energy industry.