Your lack of understanding of economics is what is silly. Stimulus works very similarly to a drug. It makes the user of it dependent. It borrows from the future to make you feel good today, but there are always consequences in the future to your economic or physical health. It gives the illusion of health today, because you feel good, but the reality is far worse.
Stimulus is building and repairing infrastructure including highways and airports, keeping teachers, almost anything forward looking. Yes it's a problem if you don't pay for it.
So why don't you reserve some of your righteous indignation for those that won't raise taxes from the lowest burden they have been in 50 years? That 1% (or 20%, or 40%) benefits from our society more than the other 99%, perhaps when the country is in trouble they should make an extra sacrifice?
All previous generations have been willing to sacrifice, in the form of much higher taxes, to make and keep this country great. Until the current one, whose attitude is "I've got mine, screw everybody else".
They (and their politicians) are the the problem, not the banks. |
