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Showing posts with the label stimulus

Government Owns US

Since when has the government decided that owning businesses is legal and ethical? The White House is trying to own health care , already owns several car companies and a good portion of several banks. Why does no one in America seem to have a problem or concern with this? Talk about a conflict of interest! When the government owns something they can choose whether to pass tax laws or legislation that will hurt privately owned business and help themselves. Who is going to oversee the government? The government is already controlling whether or not banks can pay back their TARP money and buy back the government's stock. Are they basing their decision on the financial health of the banks? No, they are basing their decisions on the fact they want to "earn a profit for the American people." Sounds like a great basis for a major government decision. I don't necessarily want to go back to the way things were, but I do want to see government get out of our business. I ...

Circle of Economies

We all know that there are cycles and circles when it comes to economics. There are good times and bad times and everything in between. Right now, we are obviously in one of the bad times. This particular economic downturn has been made somewhat worse by ineptitudes of government. And out plan is for the government to bail us out? While the $700+ billion dollar plan might only stimulate about $200 million dollars worth of economy, we do need something to jump start the economy. Theoretically, if every company started hiring people again, our economy would work itself out pretty quickly. Unfortunately, even companies that are not losing money are so fearful of a potential loss, that they are trimming budgets. When they cut jobs, those newly unemployed people start cutting back, and then the companies they aren't buying from cut even more jobs. We need to all work as hard as we can to be productive members of society. We need to find some way to earn money, even if unemploy...