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Tuesday, December 8, 2009

If the market won't do it then the Gummint Gotta

Well at least I think it so. I read a recent yahoo news article about the next stimulus and how it should be for job creation. That's a good thing I believe. Of course there are the usual suspects out there saying things about the deficit and such. Where were all these folks when Bush was raising this deficit? Anyway, This story is a good one. Remember our economy is driven by the consumer. If no one is consuming then someone needs to take up the slack. That someone is the government. Programs that would create jobs repairing and rebuilding our infrastructure would be just the thing we need. Think of it as priming the pump. If you stop priming too soon the pump won't pump. We need to make sure that our economic pump is well primed. But what about inflation you say? Right now inflation is zero. In fact the reason there was no cost of living raise for social security was because the cost of living actually went down! So want we really need to worry about is deflation if you ask me. I have nothing to base that on but my own opinion so take it for what it is worth. Remember Socialism is not a Bad Word, or a Bad thing. Do a little research and see.

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