Friday, February 6, 2009

I Still Don't Get It

Maybe, maybe, if I understood how you could think an $600 million tax cut to the auto industry would stimulate the industry, the economy, job creation, and apple pie, but spending $600 million on American cars wouldn’t stimulate anything or create any jobs, then maybe I could understand how Republicans view the economy.

But I’m pretty doggone happy I can’t.

Here’s the deal, guys – selling products is good. It’s important to the economy. It’s helps people keep their jobs. There’s nothing better that can happen, economically speaking. Even tax cuts.

And, heck, it’s good for the federal government, too. They actually get some nice cars out of it. It’s not just a handout. Pretty cool, huh?

Too bad Rep. Marsha Blackburn doesn’t get it.

1 comment:

Mickey said...

Economic Stimulus. H.R. 5140, the Economic Stimulus Act of 2008, passed 385-35 on January 29, 2008 (Roll Call 25). It would provide about $150 billion in economic stimulus, including $101.1 billion in direct payments of rebate checks (typically $600) to most taxpayers in 2008 and temporary tax breaks for businesses. Creating money out of thin air and then spending the newly created money cannot improve the economy, at least not in the long term. (If it could, why not create even more money for rebates and make every American a millionaire?) The stimulus has no offset and thus increases the federal deficit by the amount of the stimulus because the government must borrow the rebate money. A realistic long-term stimulus can only be achieved by lowering taxes through less government and by reducing regulatory burdens.Marsha Blackburn voted FOR this bill.(Source: The New American – July 21, 2008)

Marsha Blackburn is my Congressman.
She is no conservative.
See her unconstitutional votes at :
http://bluecollarrepublican.com/blog/?p=614
Mickey