Thursday, January 24, 2008
No, I don't want my $600
In days when I served as a left wing agitator on right wing message boards, I was repeatedly asked for the $300 I got from the Bush tax cuts. Yes, there are many people that clever.
This new bi-partisan free $600 is a stupid idea. It's just that much more debt we're collectively racking up. When government spends money on credit - tax cuts or rebates, earmarks or wars - it does indeed artificially give the economy a short-term boost. But that boost is no different than the boost a small business owner gets when he pours more money into a failing business by putting expenses on a credit card.
The economy is unpredictable beyond the fact it runs in cycles. I just wanted to go on the record now so I have something to point to should any of my left wing comrades offer to take my $600 if I don't want it.
Labels: free-markets, left wingers, liberalism, right wingers, taxes
// posted by Erik @ 1/24/2008 09:46:00 PM
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