Wednesday, January 30, 2008


The "Economic Stimulus Package" being rammed through Congress today might better be called "The Pay Voters to Re-elect Me Bill."

Thank goodness we have Congress to rescue us as the economy teeters precariously on the brink of less aggressive growth. Before it is over, you can count on the Democrats to load up the bill with more spending items which would not pass on their own merit.

The "Stimulus Package" is founded on one of the great ideas which brought down the Soviet Union: the notion that the centralized government has a big panel of buttons and dials before it, that simply need to be manipulated in the proper sequence in order to "jump start" or "stimulate" the economy.

The best thing Congress could do for the economy is get out of its way. Make the tax cuts permanent, cut government spending way back by eliminating all spending items outside of the scope of the Federal Government as specified in the Constitution, cutting corporate taxes, reducing regulation, and letting the free market generate wealth without the encumbrance of an overreaching government.

Will it happen? Not a chance. So you might as well send me my $600 check.

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