Last political post in a while–I promise. I just couldn’t pass up pointing out the glaring incongruities in the recent passage of the so-called government “Stimulus Package”…
For some reason, hearing about the money our officials decided to throw at us, it made me think of the scene from the first Batman movie (though I should be thankful it’s passage wasn’t accompanied by a bad Prince song). Here’s Nicholson’s dialogue from the movie:
“And now folks, it’s time for who do you trust? Hubba, hubba, hubba. Money, money, money. Who do you trust? Me? I’m giving away free money. And where is the Batman? He’s at home, washing his tights…And now comes the part, where I relieve you, the little people, of the burden of your failed and useless lives.”
Granted, the government isn’t going to relieve us of our lives, just our money, and they’re doing it while trying to tell us they’re giving us “free money”. It didn’t end well for many in the movie, and this “plan” will not end well for most of us. Anyone with a basic knowledge of economics learned early on there is no such thing as a truly “free” lunch.
Incongruity #1: Many of the same politicians that opposed spending $79 billion to fund the first year of the Iraq war had absolutely no qualms about passing a whopping $787 billion Act during their first month in office.
To put that in more glaring perspective, in the five years we’ve been fighting in Iraq, we’ve spent just over $600 billion dollars. And we were told that was too costly. $600 billion in five years, vs. $787 billion in one month?! Somehow these politicians forgot to do math.
Incongruity #2: We’re told we should be thankful for the $14/week tax break each of us is going to get through this “package”. Many aren’t saying that this plan basically saddles each and every American taxpayer with an extra $10,000 of debt. I’m supposed to be happy with $14 a week, when I’m going to have to pay back $10,000?! Let’s see, I need to collect $14/month for 14.8 years to pay off my share of the extra taxpayer debt (without any interest adjustments). I’m 29, so I’ll only be 44 when that “tax break” finally pays for itself. Wonderful…