Thursday, January 24, 2008

Exxonomics

So here is how it works.

  • Give taxpayer money back to the people to "stimulate the economy"
  • The people will spend this "free money" on outrageous gas prices - maybe on a trip they might have had to cancel before (that's nice).
  • The taxpayers "extra" money now ends up on the balance sheets of the oil companies
  • Ta-da! The economy looks much better - at least when viewed from the Bush Admin point of view.

I'm not really surprised that everyone is jumping on board with the wonderful idea - even though it didn't fix the economy the first time - and I dare say it made it much worse. After all, who would vote against "free money" during an election year? Even if it might be a terrible idea.

I feel that bad "money things" are about to happen. I wish it wasn't so.

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