Stimulus? If Blowing Money Doesn't Fix the Problem Maybe You're Doing the Wrong Thing!

The first point is that when you're in the hole, blowing money at the problem (money I might add that you are just sucking from the tax payers) isn't too likely to do much but make the economy worse. But if you don't spend it (only about 10% of what's been allocated has been distributed) and if you spend it in the wrong places (small businesses create 70% of the jobs in the country and they are frozen out of the stimulus package), then why is it a surprise when it doesn't work?

I am astounded sometimes at the total incompetence of government even though I know from personal experience how seldom government programs work and how common it is that they actually do the opposite of what they originally set out to do. The point is when what you're doing shows no signs of working you don't do more of it, you do something different. How about a real tax cut? How about directing the money to low interest loans to start small businesses and stimulate entrepreneurship, how about doing almost anything besides subsidizing losers like GM, Chrysler, and the financial sector that the government thoroughly screwed up in the first place.

You don't think it was the financial sector's bright idea to loan money to people who couldn't pay it back do you? Then how about immunizing them from direct loss by selling bad paper to Fannie Mae and Freddie Mac? They bundled it into investment vehicles to sell to your pension plans. Hello! Insolvency here we come! There's a lesson here and it's that letting the government do much of anything, especially anything outside its fundamental charters established in the constitution is a recipe for disaster. I'm not surprised, why are you?

The point is that we should make government smaller, lower taxes, and free people up to take care of themselves before the nanny state has us all in strait-jackets.