Tuesday, February 17, 2009

Stimulus Package Explained

This is a funny post (while being all too true), from The Big Picture blog, although it's also making the rounds via email as well:

Sometime this year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting new program that I will explain using the Q and A format:

Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. No, they are borrowing it from China. Your children are expected to repay the Chinese.

Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn’t that stimulating the economy of China ?
A. Shut up.

Below is some helpful advice on how to best help the US economy by spending your stimulus check wisely:

If you spend that money at Wal-Mart, all the money will go to China.
If you spend it on gasoline it will go to Hugo Chavez, the Arabs and Al Queda
If you purchase a computer it will go to Taiwan.
If you purchase fruit and vegetables it will go to Mexico, Honduras, and Guatemala (unless you buy organic).
If you buy a car it will go to Japan and Korea.
If you purchase prescription drugs it will go to India
If you purchase heroin it will go to the Taliban in Afghanistan
If you give it to a charitable cause, it will go to Nigeria.

And none of it will help the American economy. We need to keep that money here in America. You can keep the money in America by spending it at yard sales, going to a baseball game, or spend it on prostitutes, beer (domestic only), or tattoos, since those are the only businesses still in the US.

It's me again. This is very funny, and tragic at the same time. It's bad enough that 70 percent of our GDP (or roughly that) is built upon consumption, or consumer spending. So according to our government, you're not supposed to save or service your debt, but when you get this stimulus, you're supposed to spend it, right? This results in ecomomic growth, according to them. However, as this post so simply points out, you are really not stimulating our economy by spending your stimulus check on consumption, but rather, some other nation's economy. And besides, as this post also points out, it isn't our money anyway.

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