The problem with the Barak Stimulus Plan

Okay, now I'm gonna start with the “Festivus Airing of Grievances”, albeit a little late. Sorry, I was busy celebrating Jesus’ birth.

The Barack Stimulus bill. The B.S. bill. I’ll say.

I’m not going to go into a lengthy detailed explanation of Keynesian economics. This is the “double-secret Cliff’s notes version (brought to you by the Delta Tau Chi class of ’62).

Long story short, this bill is supposed to make the economy rebound. The fastest way to grow the economy is to create and fulfill demand for domestic output. In other words; make crap and sell it!

All this bill will do is pump more money into the hands of special interest groups and pet social projects that will end up crippling our economy. How will this cripple us?

Google/Wiki the following items:
Fiat money
Hyper-Inflation
Currency devaluation

When our treasury tries to print a lot of devalued “Benjamins” to repay these loans, it will kill the dollar. The dead dollar will be cast out as the world’s reserve currency. Our country will die.

Since this is only constructive criticism if I offer advice…

…How about this:

Cancel all of the stupid bailouts and the “BS plan” and take the money, ALL 2.189 TRILLION dollars in debt we’ve racked up over the last 8 months and split it up.

Every US household will get a check for $20,000.00. Now let them spend it however they need to. All of that money will go right back into our economy creating demand for goods we create.

Create a significant tax exemption for any company that has its number of full time employees increase quarterly. Lower the minimum wage to $5.00.

Suspend all Federal income, sales, and capital gains taxes for 9 months. The States can do as they wish.

Grant tax-free status for 24 months to any company that cancels it’s outsourced and foreign labor contracts and reopens its domestic facilities. Manufacturing companies would get gigantic, permanent tax breaks.

That should do it. If Congress wanted to implement a flat/fair tax…that’d be fine too.

See what happens when you elect a lawyer? Should've elected Mitt!