Monday, May 12, 2008

Correct

Dave Barry explains the stimulus checks...

Q. What is the purpose of this payment?

A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn't that stimulating the economy of China?

A. Shut up.

...Followed by a very good economic analysis.

http://www.lewrockwell.com/north/north622.html

"Keynes was wrong. What we need is less government spending. But since we're going to get it, no matter what we do or how we vote, let's give Keynesian politicians two cheers for the rebate. The money is better in our bank accounts than the government's bank account.

"The government will spend every dime that comes in. It is buying votes, and it is always in that market spending whatever it can beg, borrow, or steal."

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