Day in and day out we’re hearing about huge job losses, bankruptcies, rapidly ballooning debt (amounting to over $668,000 per household at last count) and and a general financial misery that’s on the verge of making the Jimmy Carter years look like an economic Shangri La.
Where’s the promised “stimulus”? Remember when the government handed GM a ton of our money, using the excuse that there would be horrific consequences if GM were allowed to declare bankruptcy. So GM got the money, and still declared bankruptcy — with the blessing of the government, no less. It’s a joke.
After trillions of dollars have been sucked into Washington for the purpose of having a fraction of that pumped elsewhere for “stimulus” (call me crazy, but one government job filling potholes for every 10,000 private sector layoffs will never fit the definition of “stimulus” in most peoples’ minds), I’m starting to empathize in a way with a character in Jurassic Park, Dr. Ian Malcom.
In one Jurassic Park scene, after all the hype about dinosaurs on the island, Malcolm is on a programmed jeep tour of the park. The tour group sits for a long time, waiting, having been promised a grand and magical experience. Eventually, after no dinosaurs are spotted after what seems an eternity, Malcolm looks into the security camera, which is linked back to the Jurassic Park office, and says, “are there eventually dinosaurs on the dinosaur tour?”
The “stimulus” is like the dinosaurs on the dinosaur tour — it will eventually show up just like the dinosaurs did, and I don’t expect the stimulus aftermath to be much different: