Thursday, April 16, 2009

Been forgetful for the past year and a half....

this is the only blog posting i've done of any note in the last year or so....and i didn't post it here because i couldn't remember my sign in or password.

Erica Sackin's opinion is right on the money (pun intended). I am also a gainfully employed 27-year-old. In fact I am gainfully employed twice over, working for both a marketing firm, and as a server in the evenings and on weekends. And I also have a hard time seeing how an extra $300 is going to significantly impact my life, or the economy for that matter. As soon as my check arrives it will be going right back out, to pay off money I already owe. In effect, its already been spent. The Bartlett administration tried this once, in an episode of "The West Wing". When Charlie told the President that he had used his rebate to pay off his visa bill, Jeb replied, "it would have killed you to buy a pair of khakis?" That seems to be the thinking of this administration. That if they give us this money we will spend it on goods and services, rather than to pay down our already enormous debt. But for any of us who have been burned by credit cards, student loans, or mortgages in the past, we know better. Rather than pumping more money into the economy, this rebate is in fact pulling it out, placing more money into the hands of our creditors. Instead of giving the $153-billion to the banks maybe the president can use it for something worthwhile...like fueling up every C130 he can find and bringing home the soldiers in Iraq.