Dak
mentat
Ive always been concerned about the deficit. I supported most of the stimulus because I was concerned primarily about the country surviving.
Well, it's certainly true that's the ridiculous rhetoric that went along with the salesjob on them, but it was completely bullshit. The country was never in danger of not surviving. The rich/bankers were in danger of losing bubble gains. Fortunately the "country" bailed them out with deficit spending and inflation.
And I don't buy any argument that a bigger tax cut for the wealthy will open the path to new jobs. There are so many other factors here that counteract that possibility.
I know I'm ideologically convicted in this regard, but the bigger amount on the tax refund isn't what unsettles me. What unsettles me is that this amount subtracts monies from elsewhere and sets the stage for massive overhauls, at which point a number of people will be left out to dry. If we choose to do nothing, then that's an ethical crisis. If we choose to do something, it'll likely cost us way more than that little extra amount we'd all be paying in taxes.
More money in the hands of consumers might not lead to more jobs, but at a minimum it would allocate funds more inline with true demand. The stage was set for massive overhauls by creating the ponzi schemes of SS, Medicare, Medicaid, etc. Hastening the reckoning isn't any more or less ethical than kicking the can so it gets worse later. To wit, I specifically disagree with the last sentence.