Gee, the “stimulus” on cars worked and sold a bunch of cars that weren’t moving off the lot. The “stimulus” program was selling houses and the market was recovering, until the stimulus program ended. Yeah, right, these programs don’t work.
Now lets reduce taxes and interest on folks in the MIDDLE of the pack, instead of those on top pooping down on them, while taking a little more (4%) from those at the top to help balance that budget? Nope, can’t do that, the “free market” is the only control because those at the top are so generous.
Decades and decades of economic data conclusively proves that whenever a government interferes with markets, it serves to prolong the resetting of such markets. In other words, a market has to find its natural bottom before it can begin to recover.
The feds have spent $ billions to effect a ‘soft landing’ of shelter real estate, only to see the re-acceleration of foreclosures and price declines as the ‘incentives’ terminate.
The ‘stimulus’ was a gift of government borrowed funds - payoff to Democratic Party apparatchiks, unions, and its core constituents, the victocrats, all at the expanse of the private economy.
Dtroutma over 13 years ago
Gee, the “stimulus” on cars worked and sold a bunch of cars that weren’t moving off the lot. The “stimulus” program was selling houses and the market was recovering, until the stimulus program ended. Yeah, right, these programs don’t work.
Now lets reduce taxes and interest on folks in the MIDDLE of the pack, instead of those on top pooping down on them, while taking a little more (4%) from those at the top to help balance that budget? Nope, can’t do that, the “free market” is the only control because those at the top are so generous.
right
Jaedabee Premium Member over 13 years ago
“Who originally paid for the stimulus on cars and houses? Who is going to pay for it in the end?”
The same people paying for Medicare Part D, the Bush Tax Cuts, and two Wars. Magic.petergrt over 13 years ago
Decades and decades of economic data conclusively proves that whenever a government interferes with markets, it serves to prolong the resetting of such markets. In other words, a market has to find its natural bottom before it can begin to recover.
The feds have spent $ billions to effect a ‘soft landing’ of shelter real estate, only to see the re-acceleration of foreclosures and price declines as the ‘incentives’ terminate.
The ‘stimulus’ was a gift of government borrowed funds - payoff to Democratic Party apparatchiks, unions, and its core constituents, the victocrats, all at the expanse of the private economy.