Jul 30 2010
Whoever got the lame brain idea government spending – fueled by running up massive deficits and debt – would ‘stimulate’ the economy is eating some crow now thatÂ the government’s own key indicators show no evidence of any stimulus:
The recovery lost momentum in the spring as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment.
Consumers spent less, companies slowed their restocking of shelves and the nation’s trade deficit dragged more on the economy in the April-to-June quarter. In a separate report, the Commerce Department said the recession was deeper than previously estimated.
Together, the reports raise doubts about whether employers will hire enough and consumers will spend enough to invigorate the economy. As unemployment remains near double digits, Congress could feel pressure to pass more stimulus measures to speed the recovery. So far, Republicans and some Democrats have blocked additional spending because of their concerns about the size of the deficit.
Remember, this was the period when the stimulus was ‘designed’ to really kick in.
Good Lord! A 3rd grader can solve this equation. Cut government spending and cut taxes – permanently. Get the government out of every nook and cranny of our lives, we don’t need to pay bureaucrats to sit around and watch and measure and record as productive people do their thing. This is the core of liberal insanity – the need for an army of 20 ‘watchers’ to monitor the production of one American (not to mention the retirees living off the back of that worker).
This is what is meant by ‘unsustainable government burden’ or ‘deficits’. When the number of people feeding off the fruits of the productive hit a certain level the whole economy crashes. Unlike the picture above showing one lazy person being carried on the back of the average worker, the fact is today we have many people being carried on the backs of American workers. We have EPA investigators, EEO monitors, FDA monitors, FCC procedures, IRS investigators and paperwork, Dept. of Education programs, Dept. of Energy programs, Park Rangers, our entire national defense system, dog park make-work programs, teacher and other government sector union subsidies, Medicaid, and who knows how many seniors citizens – all riding on the backs of the free market workers.
The American worker and small business owner is on its knees, buckling under the pressure of all these socialist leeches. This is the year we realize that the best way to stimulate the economy is to take much of the massive and wasteful load off the backs of average American workers and business owners. We need less watchers and more doers. We need to cut back on government – across the board.