[quote=Hobie]Brian, Brian, Brian. I’m amused at your attempt to get the real estate guys riled up. But you are flat wrong to think that more government support will help the economy.
Pick up a book on economics, Thomas Sowell has some good fast reads. You will learn that government spending is simply someone else deciding how to your money should be spent. Is the government so much smarter that the populace? If you agree with this premise that you wish for a socialist system, which incidentally, never flourish in the long run. Read that econ book.
Our nation was founded upon personal independence and drive to succeed. Let the free market prevail and everyone benifits.
Lets take a look at our upcoming Xmas shopping season and the early winter cold upon the midwest and east. You will have to agree that without jobs it’s going to be a hardship for those families to heat their homes and shop for gifts.
So if the government really wanted to help them, they could relax the government roadblocks to allowing cheaper energy. Drilling, nuclear, etc. That alone would put more money in everyone’s pocket that they would then spend thus growing the economy.
Just redistributing wealth through social programs is much akin to giving you kid an allowance. It doesn’t motivate him to find a way to earn more.
Enough for now.[/quote]
This post is not even relevant to the government/Fed stimulus. This one big right-wing radio talking point.
What specifically is wrong with what the Federal Reserve is doing, which is a privately controlled entity.
If you are going to talk about what is wrong with economic recovery plans, which is basically monetary policy. At least show that you understand what is being done.
The government spending outside of direct federal reserve money is <7% of stimulus money AND only 10% of that has been spent.
