As every person with the most rudimentary understanding of economics and/or math will readily attest, the best way to get yourself out of an economic slump caused by overwhelming debt is to go shopping. This is the same math used in the new weight loss plans that encourage you to eat more food.Bush calls for economy
A stimulus package worth perhaps $140bn dollars will have little real impact on a total US economy worth a gargantuan $14,000bn a year, our correspondent says.Little real impact? Really? The big economic kick-start at the beginning of the Bush reign of terror, where people were given a few hundred bucks to go buy TVs while businesses were given real tax cuts, that resulted in the past 7 years of economic whatever-the-hell you call this fucked up mess. At least politicians will feel like they are doing something. And cheering up the voters has nothing to do with this being an election year. Bread and circuses.
If nothing else it'll make the politicians feel they are doing something and cheer up the voters.
What do experts have to say?
US shares turned sharply lower following the announcement, with some market participants saying that Mr Bush's plan did not go far enough.I'd call it a case of "Too much too late."
2 comments:
Bush also campaigned that he would fight OPEC on the high price of oil, then $20 a barrel, now $100. Also on his watch waiting in an emergency room has gone up 30% and more American are getting their homes forclosed on then anyother time in history.
Theo nly reason Bush would give us this tax stimulus is so we can give it to more of his rich thieving cronies or send it to China via Walmart.
I say it doesn't go too far enough.
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