Showing posts with label stimulus package. Show all posts
Showing posts with label stimulus package. Show all posts

Friday, December 11, 2009

Plethora of Paradoxical Policies

My head has been spinning with all of the potential legislation coming out of Washington so I'm trying to get everything straight.  Here's my understanding of what's going on.

Health care - medical costs and premium costs are so high that people can't afford insurance and Medicare will be bankrupt.  The legislation does nothing to address the medical costs impacting Medicare while simultaneously cutting funding and expanding membership.  This will actually increase the cost of premiums and accelerate the date at which Medicare will bankrupt the country. 
Paradox

Climate Change - We must cut carbon emissions so heavy fines will be levied on those companies that emit CO2.  The legislation will raise the cost of energy so we use less.  People will be unable to afford their energy bill so will not be able to heat or cool their homes.  They'll end up receiving medical care for hypothermia or heat stroke which will drive up the cost of health care.  They could use a fireplace to heat their home but logging permits have been cut back so there will be no wood to use as heat.  The same legislation in Europe has been ineffectual at best and increased CO2 emmissions at worst.
Paradox

The private sector companies are losing money and can't pay their bills.  As a result they are laying people off, closing their doors and freezing wages.  The federal government is losing money and diving deeper into debt but has created new positions within the white house, voted to create additional departments and given raises to all of their employees.  While the private sector shrinks while the government expands.  Paradox.

The House passes legislation which will enable the Federal Government to break up companies they view as harmful to the economy while Congress pursues legislation that is harmful to the ecnomy.  Will they break themselves up?  Paradox.

The people are very concerned about the unemployment situation and request actions which will stimulate job creation.  The government spent $787 billion on pet projects which created no jobs.  Then they held a summitt with unions and community organizers whose suggestion was to pass another bill just like the first one that didn't work.  Employers beg for assistance which will open access to credit or allow them to keep more of their money.  Meanwhile congress is still pushing the health care and climate change legislations which will add costs to employers without generating any cash flow for them.  Paradox.

I know I've missed a lot of things and please let me know if I have any of this wrong.  Even listing it this way I'm not sure what the justification for any of this is.

Friday, August 14, 2009

Real Stimulus

The administration keeps telling us how the recession is ending and we're on the road to recovery; claiming the stimulus package is responsible even though only 10% of the money has been spent, and most of that unwisely.

New polls show that the majority of Americans believe the stimulus money should be put back in the coffers to reduce the deficit, or given to the people. Either one of these would work just fine for me, but if we really want to stimulate the economy further and we're going to use the money, then it should be in the hands of the taxpayers; 72% of Americans agree with me.

If we took the roughly $708 BILLION dollars remaining in the stimulus fund, and divided that by the roughly 92.3 million people in the country who actually pay taxes, then each person would receive $7,670 each. Think about what we could do with that money.

If you're in debt it could go to pay off that debt and boost the banks.
If you need a new car, you use it for that and boost the auto industry (buy a Ford)
If you aren't in debt and your car is fine then you could really do some shopping, increasing retail sales and boosting other companies resulting in new jobs.

Just imagine how the economy would be stimulated if 92 million people got to go on a spending spree with $7,000 of their own money. Now that's some stimulus!

Monday, April 20, 2009

It's all about me

Since this is my first blog I thought I'd tell you a little bit about me. Only because I'm sure you're just DYING to know. I'm in my mid to late 40's so have amassed tons of wisdom in the last 4 decades. I also have some pretty strong opinions and I'm absolutely convinced that I'm right. Historically speaking I usually am. I'm a logic based person so most of my posts will be about things I find illogical and stupid. So they'll be politically based for the most part. Congress is, after all, the well spring of stupidity.

Speaking of governmental stupidity....because you know you want to ..... does it strike anybody else as odd that we're passing huge stimulus packages at the same time that we're talking about legalizing illegal immigrants and allowing more money to go to Cuba? So if I understand this correctly, and I'm sure I do, the economy is struggling with high unemployment rates to the point that we have to spend billions to save it. So of course the first thing we want to do is legalize the illegal immigrants so that they can now more easily compete for the job that you already can't get. At the same time that we're stimulating the economy to keep the money flowing in it, we're approving that more money flow out of it to Cuba. These things seem to be counterproductive to me.

Another interesting point is that at the same time that we've stopped saying "war on terror" and downgraded it, the Dept of Homeland Security has released that outspoken Americans and returning vets may become terrorists. So we pay less attention to the real, documented and quantified threat to focus on what-ifs and long shots. That's an effective use of our tax dollars. But I better not complain too much or the Dept of Homeland Security will be knocking at my door and hauling my wide behind off to the big house. A clear violation of my first Amendment rights, but I'm not sure those will apply to everybody in another month or so.

But now you have me. The vigilant supporter of logic and common sense. I will seek out and expose illogical decisions and statements and will giggle with glee at the opportunity to mock them. There's something about having an on-line voice that gives me a nice, warm, fuzzy feeling inside. It's either that or the Prozac I took this morning. Either way, it feels good.