Stuff I Think is Important: Economic stimulus

Don't believe what they tell you about the economic stimulus package.

By this I mean the democrats. This is about helping the innocent victims of this economy more than it is about healing the economy itself.

All laws tend to have a pragmatic and an ideological component. This bill is no different. It is aimed largely at helping the victims of the economic disaster rather than helping the economy. That is an ideological move, not a pragmatic one.

The democrats believe that the bill will help the economy, but few economists believe that the current size and structure of the bill will be what the economy needs in order to quickly recover.

In other words, democrats are similar to republicans. In order to get something done, they need to please their political base, as well as give opponents a reason to vote for the bill. The base for democrats is the poor.

This is also why this stimulus package is similar to the Bush tax cuts that occurred several times during his presidency. Noone (other than some Repub fools) thought giving huge amounts of money to the rich would actually fix our economy or do anything but pile up debt. Most serious economists laughed at em. Still, that's what they told America.

What tax cuts for the rich are to republicans, spending on the poor is to democrats. This doesn't mean I'm equating the two. It means that both are based on sound principles but are often pragmatically ineffective. Tax cuts can do what repubs say and stimulus can do what dems say, but the gov't manages to pass sensible bills about either only rarely.

The difference is that there is a very large, well funded lobbying and PR organization to push tax breaks (which primarily benefit the rich). There is no such organization that pushes for economic stimulus.
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