"You must pass this now..." All that was missing from the speech was Billy Mays "And that's not all!"
Seriously, the most important point of the whole speech was glossed over by everyone and has largely been ignored, or even praised. "Its working in Georgia so we're going to put it in this bill." Seriously? What leads you to believe that if it works in Georgia that it will work in Michigan? California? Oklahoma? New York? If it works in Georgia then publicize it and let the other states, who feel it might work there, make it happen in those states.
This was the stimulus package remix... jobs edition. We're going to start working on infrastructure? Didn't we spend a trillion on a program similar to this a few months ago? Stop me if you've heard this before but he said that he wants small business to hire people. Tell me something... Do you care if it is a small business, a large business, a corporation or a bean bag with eyes that was bequeathed a billion dollar trust fund? Do you care who hires someone? And do you think that small businesses are in as good of a position to hire someone as say, a large corporation?
Another question I would humbly pose, if I may. Why are we extending unemployment benefits again? And where did this myth come from that it stimulates the economy? The age old argument that "the money goes directly back into the economy" is preposterous. Is it addition by subtraction? Don't we take the money out of the economy to give it to the unemployed? Doesn't the government have a surcharge that they take (in the form of waste)? Of course this one is going to be paid for... right? By taxes, right? Then how can it add to the economy. The economy gives (or rather is accosted by the government) the government a $100 bill. The government quickly makes change into 5 1's 11 5's and 2 20's. Before it hands out the change, it skims a $20 for all of its dispersal fees and then it hands the money to the economy. Did the government put money into the economy? NO! It took money from the economy and then put some of it back. If that's not the way this is working then someone's lying. Either this does nothing for the economy (but is a great way to garner votes I'm sure) or it won't be paid for ahead of time.
Wow, my head is spinning. Perhaps I'll come back later and finish, then again... maybe not...
Mike
Seriously, the most important point of the whole speech was glossed over by everyone and has largely been ignored, or even praised. "Its working in Georgia so we're going to put it in this bill." Seriously? What leads you to believe that if it works in Georgia that it will work in Michigan? California? Oklahoma? New York? If it works in Georgia then publicize it and let the other states, who feel it might work there, make it happen in those states.
This was the stimulus package remix... jobs edition. We're going to start working on infrastructure? Didn't we spend a trillion on a program similar to this a few months ago? Stop me if you've heard this before but he said that he wants small business to hire people. Tell me something... Do you care if it is a small business, a large business, a corporation or a bean bag with eyes that was bequeathed a billion dollar trust fund? Do you care who hires someone? And do you think that small businesses are in as good of a position to hire someone as say, a large corporation?
Another question I would humbly pose, if I may. Why are we extending unemployment benefits again? And where did this myth come from that it stimulates the economy? The age old argument that "the money goes directly back into the economy" is preposterous. Is it addition by subtraction? Don't we take the money out of the economy to give it to the unemployed? Doesn't the government have a surcharge that they take (in the form of waste)? Of course this one is going to be paid for... right? By taxes, right? Then how can it add to the economy. The economy gives (or rather is accosted by the government) the government a $100 bill. The government quickly makes change into 5 1's 11 5's and 2 20's. Before it hands out the change, it skims a $20 for all of its dispersal fees and then it hands the money to the economy. Did the government put money into the economy? NO! It took money from the economy and then put some of it back. If that's not the way this is working then someone's lying. Either this does nothing for the economy (but is a great way to garner votes I'm sure) or it won't be paid for ahead of time.
Wow, my head is spinning. Perhaps I'll come back later and finish, then again... maybe not...
Mike