Friday, January 25, 2008


Does anyone really think $600 will stimulate anything? Its nonsense of course and runs the danger of being inflationary. Consumers are being squeezed by energy prices and frozen wages. I have blogged on this earlier. What happens after you have spent the $600? If your personal economy is still being squeezed 3months from now we are right back where we started, except the government is $150billion lighter.

The Feds need to address the underlying issues. An energy policy that increase supply, making the tax cuts permanent,, returning retirement and healthcare to the marketplace so it is no longer affected by federal price controls.