Friday, January 18, 2008

Brief Thoughts About the Stimulus Package

I am a little conflicted about this talk of a stimulus package. I am no economist, and actually know very little about the broad implications of federal economic decisions so I could be way off base here. However, the idea that we need to give out a rebate to people so they can start spending more makes me pause.

So, our whole economy is based on spending. How much spending? From what I have seen, things get pretty crazy when spending gets out of control. That's what's gotten us in this mess in the first place.

Maybe I just need to re-frame the issue for myself so I can feel more comfortable with this. Perhaps the idea is to get money back into circulation.

I will have to ponder this more.

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