***Sheeple Alert*** Tax Stimulus Non-Sense!!!

As Thomas Sowell has said "bipartisan=twice as bad as partisan". This is enough of an argument to answer why the stimulus package has no chance in hell of working by itself. But, what about the economics behind it, can it work? The straight and simple answer is NO! Dr. Walter Williams put it best this way:

There are three ways government can get the money for a stimulus package. It can tax, borrow or inflate the currency by printing money. If government taxes to hand out money, one person is stimulated at the expense of another who pays the tax, who is unstimulated and has less money to spend. If government borrows the money, it's the same story. This time the unstimulated person is the lender who has less money to spend. If government prints money, creditors, and then everyone else, are unstimulated. As my colleague Russell Roberts said in a NPR broadcast, "It's like taking a bucket of water from the deep end of a pool and dumping it into the shallow end. Funny thing -- the water in the shallow end doesn't get any deeper." Source Here.

Government intervention is just not the answer and NEVER was, not even in FDR during the Great Depression.
As Thomas Sowell Said:

There are too many examples of government interventions that made things worse, the Great Depression of the 1930s being the most tragic.

Those on the left love to believe that the stock market crash of 1929 showed the failure of the free market and that the New Deal interventions in the 1930s saved the day.

But the stock market crash of 1987 was just as big and Ronald Reagan resisted loud calls for him to intervene. The result was not another Great Depression but the beginning of a decades-long period of prosperity. Source Here.

In other words..........GET READY FOR INFLATION!!!!

A simple lesson in economics:

Money is given to some people to "stimulate" the economy
But an equal amount is taken from others, this "unstimulates" the economy the exact same amount.

End result:

1. A one-shot transfer of wealth from some tax payers to others that amounts to a zero sum general economic impact.
2. Reinforces our need for government to save us from yet another boogy-man.

More circus and bread for the sheeple.