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Everybody’s got an opinion about the “Stimulus Law,” so here’s one more:

As bad as the financial burden we’re hanging onto future generations — and it is — the worst effect in the near future is that it allows us to go back to the bad habits that got us in the mess in the first place.

But most of the wiser heads say it’s necessary. I agree — when I read of failing businesses and see (and know) of good people knocked out of jobs. We are trapped in an economy dependent on our own excesses. Businesses can’t succeed and people can’t keep jobs unless we spend — spend — spend. Didn’t we dig this hole because so many of us thought we could live beyond our means by getting more and more credit — and the greedy guys at the top made obscene salaries and bailed out with “Golden Parachutes” by helping us do it? So now, we’ll open the easy credit spigots again — to save the economy and all those jobs that depend on it. Why? It’s necessary, that’s why, and nobody has a better solution to “save the country.”

Whatever happened to Calvin Coolidge’s mantra: Use it up, wear it out, make it do, or do without! ? I’ll tell you why: It doesn’t work anymore.

I hope the “Stimulus” works — for those who need it. Sad.

–Vic Jose

Vic Jose :: Feb.14.2009 :: Uncategorized ::

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