Real Stimulus vs. Hand Waving
Posted on January 22, 2008
Filed Under Public Policy |
The linked article nicely sums up why one-off “economic stimulus” packages are nothing more than hand waving designed to convince voters that their politicians are doing something.
Economic stimuli programs are not one-time checks to give people back money they already paid as taxes.
If somebody grabbed your wallet and then handed you back a $20 bill, would you be grateful? Realizing the money was yours to begin with, you would probably call the cops rather than thank the thief.
Comments
-
About
My name is Jeff Nolan and I write Venture Chronicles. I am the VP of Product Marketing for Get Satisfaction and I write about a range of topics that interest me, including public policy, technology, entrepreneurship, finance, and global issues.
-
Links
-
Feeds
