Tuesday, January 27, 2009

Keeping the Focus on Stimulus Spending

Obama made it plain from the outset that his government's stimulus package would target "made in America" products and services. It only makes sense to ensure that the bang you get for the buck is felt at home where it'll do some good.

So, what's the average middle class Canadian going to do to help stimulate the Canadian economy - that is, of course, assuming they don't just hoard the money or pay off old debts?

Well, I suppose these being lean times and all, they could head down to Wal-Mart for a little stimulus spending. What are they going to buy? A toaster made in China, a T-shirt made in India, maybe a television made in Malaya? I guess that is stimulus spending - if you're Chinese or Indian or Malayan.

The government can control both the bucks and the bang which is probably a good idea when it's all borrowed money anyway. But when you're borrowing money - the bucks - and handing it out in tax cuts - chances are that if there even is a bang, it's not going to be where you wanted it.

So please Steve, if you're going to saddle us with the debts anyway, how be you spend that money so the buck truly does stop here?

1 comment:

Bluegrass Pundit said...

You can dig all you want, but there is no pony hiding under the Democrat's stimulus manure pile. There is no pony hiding in the stimulus "pile of manure"