Tuesday, June 3, 2008

It's the Ecomomic Stimulus Check Again, Stupid

I've been ravenously reading the blogosphere for all opinions on the recent ecomonic stimulus checks being sent to almost all citizens. This essay seems to sum up the mess our economy is in, and how and why this band aid will not fix things:

Apparently, the U.S. Treasury’s gift is supposed to send my wife and me off to the nearest big box store for a flat screen TV. Or perhaps we’ll celebrate the bonus with dinner at a restaurant littered with black-and-white photos of yesteryear. Inspired by the Lassie-era pictures, we’ll toast to new beginnings, to economic stimulation — and to stuff!

Please go read the entire essay and the comments. I think most of it is right on target.

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