Debate, and discuss, just dont Bore me.
Or why the Right thing wont be done
Published on January 26, 2008 By Dr Guy In Current Events

JDKeepsmiling had a question.  Is the current rush to pass a stimulus package going to work?

Good question.  While I am not going to mail my check back (unfortunately, since I am "rich" I wont get the full amount), is it what is really needed?  That was his question.  And a good one.

For me, the answer is simple (and I said so on his blog).  No.

But this morning, while doing housework and listening to the radio (I am domesticated. ), I heard a caller nail it.  ANd the answer is so simple that anyone could have said it.  Yet before him, I had heard no one say it.

Cut the taxes for the companies so they can HIRE more workers!  Sure I am going to love my check.  I will spend some and save some.  The companies that are out there and suffering just as the rest of us are, however, are going to use it to either hire someone, or better yet, not lay off someone!  Cutting their taxes (for the dense, this is not corporate welfare as it is just taking less), is bypassing the middleman and going straight to the source.  After all, why are they trying to "give" (a lie, they are just taking less) us money?  To spend so that companies can expand!

So "give" (take less) to the companies to begin with!  Yea, I will miss that $300 (or so), but it will help the economy more than filtering it through others (if that is really the intent - which it is not... it is just a vote getter).

Alas, simplicity and politics in the same sentence are an oxymoron.  Duplicity and politics.......


Comments
on Jan 26, 2008

Well...hopefully by the end of my Microeconomics class this semester, I should be able to figure out how exactly to fix the economy.

~Zoo

on Jan 26, 2008

I should be able to figure out how exactly to fix the economy.

Or at least spend tbe money, right?

Actually I may write on that subject.  As I think my take on it would please Artysim (what has happened, not what I believe in).

The good news is - the economy has a way of healing itself INSPITE of politicians.

on Jan 26, 2008
The good news is - the economy has a way of healing itself INSPITE of politicians.


Indeed...it either rebounds or dies...but with a market economy it usually finds a way to come back which is why it kicks the asses of traditional and command economies.

~Zoo
on Jan 30, 2008
I have my own views on these hands out too. Your argument makes sense!
on Jan 30, 2008

Indeed...it either rebounds or dies...but with a market economy it usually finds a way to come back which is why it kicks the asses of traditional and command economies.

it is really a simple matter of physics.  One person can only learn so much.  We are only here for a short period, and some of that time has to be used for non-learning activities.  So trying to control something as diverse and detailed as modern day economics will ultimately lead to failure - not out of intentions, but out of capacity to grasp the entire workings of the economies.  And that is why the market economy works so well - not by design, but because each person is doing their little bit - mostly right (whether it is for the right reasons or not is immaterial) that when aggragated, produces the best result given the input parameters.

on Jan 30, 2008

I have my own views on these hands out too. Your argument makes sense!

It will make a nice present for my wife (a little better than a trip to Mickey D's), but not much more.

on Jan 30, 2008
it is really a simple matter of physics. One person can only learn so much. We are only here for a short period, and some of that time has to be used for non-learning activities. So trying to control something as diverse and detailed as modern day economics will ultimately lead to failure - not out of intentions, but out of capacity to grasp the entire workings of the economies. And that is why the market economy works so well - not by design, but because each person is doing their little bit - mostly right (whether it is for the right reasons or not is immaterial) that when aggragated, produces the best result given the input parameters.


Which is exactly what my professor said.

Tradition based economies are inefficient because they limit a person's potential as well as leaving no room for technological advancement. By tradition I mean generational. Say you have a farmer, their father was a farmer, grandfather was a farmer...etc and etc. This actually led to many of the last names that people have today.

~Zoo
on Jan 30, 2008
Which is exactly what my professor said.


WOW! Now that is a professor I can respect!   
on Jan 30, 2008
WOW! Now that is a professor I can respect!


He actually keeps me awake during economics lectures...so he's not a bad guy in the least. (Keep in mind this is at 9AM right after an 8AM organic chem class) In high school I couldn't pay attention at all...so this is somewhat of a miracle.

~Zoo