Posted by
Tom Direct Blogger on Sunday, March 01, 2009 7:51:24 PM
Stimulus Disaster – The Boomer Legacy
Massive government spending does not and will not work. We know that we cannot “spend our way out” of a recession. The only thing that can restart the economy is tax incentives that will encourage businessmen and new entrepreneurs to build and grow their companies.
We know it; the Republicans and Democrats alike know this. It is an incontributable truth. Why then are the politicians doing everything BUT this?
Could it be that the politicians are causing us to suffer through an extended “economic crisis” and delaying the recovery for their own selfish power grabbing political ends?
Talk about playing with fire; trillions of taxpayer dollars being wasted and decades of debt-burden; all with money that we do not have.
As the Baby-boomers retire, fewer producers will be available to support the sick and aging. As we go ahead, the American economy will need to be more robust and financially sound, not less.
The current planned “recovery stimulus” is exactly the wrong plan for America. We know that economic disaster will certainly result. The excessive trillion-dollar spending spree is guaranteed to severely burden our kids and their kids’ economic futures.
As the next generations grow up, what will they think about the Boomers who stole their economic prosperity?
Thomas Llewellyn
Milford, Michigan