Another stimulus package?
It would be the largest economic stimulus package Congress has yet to consider. Chairman of the Federal Reserve, Ben Bernanke, is behind the plan.
House democrats are talking about infusing up to $300 billion into the American economy.
They call these “stimulus packages for working Americans,” but the first thing that stimulus packages seem to stimulate are the packages of a visibly aroused Congress. Why is that?
You can’t help but admire the cunning tactic. Instead of admitting that just leaving the money at the source via lower taxes is the best way to stimulate the economy, both political parties (usually Democrats but often with willing GOP accomplices) create the illusion that the government handing out money is a primary stimulator of the economy. Too many people believe it. “Repeat a lie often enoughÃ¢â‚¬Â¦” and all that sort of thing.
So of course it follows that only high taxes can put the government in a position to stimulate the economy. I mean, if the government doesn’t have all the money, how can they give it back so we can grow our economy?
If the government was genuinely concerned with economic stimulus, they wouldn’t have taken the money in the first place, and they certainly wouldn’t “give some back” to people who didn’t pay any federal taxes in the first place. This is like relieving your dog’s hunger pains by giving his food to the mutt next door.
But then, the road to socialism is always paved with somebody else’s pavement.