Friday, January 25, 2008

The Bi-Partisan Economic Recovery Package

I have to say that this is the best idea of why bi-partisan politics does not work....or it at least shows that both Republicans and Democrats are complete morons. You see, in my view of the federal government, the less they do, the better we are as a country. Working against each other provides us with the chance that nothing will get done. While it would be oh-so-nice if everyone played together and we could reduce the power/influence of the federal government, that won't happen, so I'm not going to press for that kind of change.

What I will complain about is this economic recovery talk. This stimulus package is full of garbage from first glance (but just wait until pork starts getting attached, then it'll really begin to smell). It smells for 2 reasons, the first being why is the government handing out funds when the Democrats that run Congress complain about the national debt, and second, we shouldn't be taxed enough in the first place where the government is in a position to give us money back.

So what if this was Bush's idea to begin with, and everyone has jumped on from there. The fact is while we are not in a recession yet, the media talks about this being the end of America as we know it, unless the masses get $300 each ( that will save us), we become a foot note along with Ancient Rome.

When you look at the facts, the amount of the rebate comes about to be the same amount of money that has been syphened out of this economy in gasoline expenditures - and that is the main part of this story that no one talks about. Does the government really believe that because gas has been so high that our economy is falling apart? I hope not because there is are far more larger problems than that:

- We buy products from other countries, so all of our consumer spending goes to other countries, where those places receive growth the way we did when Microsoft and Intel were hot in the 1990s.

- We are in a housing crisis because people can't afford what they borrow, and the market will not correct itself when the government intervenes.

- Our food is becoming more expensive because we are wasting our time on ethanol. Here is our saving grace from buying oil from terrorist countries, manufacturing ethanol that has a manufacturing cost of over a gallon of oil to make one gallon of the stuff. Prices are going up for crops, because there are less acres used to grow other products, and they are also going up for the animals that feed off of corn and soy beans (two products that the animals feed on), chickens, cows, pigs, etc.

- Lastly, no one is buying the dollar anymore. Our once world-standard currency has been by-passed by the Pound and the Euro, which means there is less demand for the dollar, and in turn more of a supply. Like designer dresses and the Motorolla Razor, the more supply you have of something, the less it is worth.

These are more the government fails to understand that throwing money, which I have already discussed as being worth less, at the problem and the less that the free-market has an opportunity to correct itself we are doomed as a country. Further, if closet socialists (i.e. Clinton and Obama), get their way then we are in bigger trouble because the government will come up with more hair-brained schemes to control more of the economy.

The best medicine for what ails us is to suck it up. The money that will come our way in kickbacks will not help anyone get out of debt, stay off of bankruptcy, create jobs, etc. What the government should do instead is to lower taxes, and take a back seat to the invisible hand to correct our inflation-ready economy.

Contruction-zone

Part of the reasons for the lack of posts over 2007 was due to it being the worst year for me I have ever endured. Now that the calendars have turned let me re-introduce myself (my name is Hov...kidding).

I'm a 25 year old white man. Socially moderate, fiscally conservative. I attended the University of Minnesota, and I am awaiting my final grade so I can finally say that I am a college graduate. Currently I live in the Chicagoland area. I am trying to find my first real-world job in the world of Marketing/Advertising in Chicago, so far with little to no results.

As a huge sports guy my alliances are as follows; Chicago Cubs, Bears, Blackhawks, Minnesota Golden Gophers, Navy Midshipmen. I encourage healthy debate in the comments sections, but I will not tolerate crap. If you have a point, make one, but I will not have any part in personal attacks and/or ignorance in general.