Friday, January 25, 2008

Does Welfare Stimulate The Economy?

It sure does, if you ask Congress and The President:

Deal Struck to Send Checks to Taxpayers

Most single taxpayers would get $600 and most two-wage households would get at least $1,200. The deal includes an additional amount of $300 per child. A total of 116 million taxpayers will receive checks of some size.

Why only $600? Imagine what $6,000 government checks would do.

Does anyone know what the disturbing phrase "stimulate the economy" actually means, anyway?

President Bush, saying the deal would give the economy a shot in the arm, urged quick passage.

"Our economy is structurally sound, but it is dealing with short-term disruptions in the housing market and the impact of higher energy prices," Bush said. "These challenges are slowing growth."

What, exactly, is he talking about? "Shot in the arm?" "Short-term disruptions in the housing market?" What is a "market disruption"?

Well, it appears that:

A) We might or might not have a "financial crisis", at least on paper.

B) If one group of people takes property from a second group of people, then apparently everyone benefits.

"This is a middle-class initiative to strengthen the middle class and those who aspire to be in the middle class," said Pelosi. She said the relief was targeted to "those who need the money and will spend the money."

Just make sure that the money stays out of the hands of people who do NOT need the money...

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