(if you don’t like it, just remember that in some realm, dimension or time, YOU are wrong…)
Since today is both Cinco de Mayo (or Mexican St. Patrick’s Day for those of you who live in the Midwest) AND The Kentucky Derby (Tequila mint-juleps, anyone?), added to which it’s a beautiful beach day, I thought I’d talk politics today!
Yesterday’s U.S. jobs report was fodder for the every present (and soon to be MORE ever present) Presidential campaign as it wasn’t as good as expected and now has people (mainly Fox News and CNN – hereafter to be referred as The Empire and dumbass-Ewok tribe) wondering if the economy has enough steam to keep employing enough people to lower the unemployment rate. It has also made people (mainly a well-coifed gymnast [aka flip-flopper] named Mitt Romney) question the president’s economic policies. Among those policies are cutting government spending creating a “free economy” and cutting taxes to give the wealthy (somehow called “job creators”) more money with which to spend.
(Listen, if I was a “wealthy” person, and someone told me they were going to lower my taxes so I’d “spend more,” I’d just use that money to fund a trip to ANOTHER country where I could put my money. And I’d be willing to be that I am not alone in that sentiment.)
Now, the idea of a “free economy” – one that is based on capitalistic principles – hasn’t existed since people traded chickens for goats. Since governments became all the rage about the time that Homo Sapiens built houses in which to live, they have steered their economies toward that which was best for the government. And in this era of government officials who are given large “campaign contributions” by lobbyists, you can begin to see where the disconnect from the people grows…
So, since governments are inextricably linked to economies, shouldn’t it be NECESSARY for governments to provide a nudge in the right direction?
Let me cite the urban legend of the NASA space pen and the Russian pencil. As the legend goes, NASA spent $100’s of million dollars to develop a pen that would write in zero-G environments, including space. At the same time, the Russian space agency used pencils in space.
Well, that’s all well and good, but whose economy benefited from hiring engineers, test “pen-ners,” engineering building, buying supplies and raw materials, purchasing lunches in order to get napkins to write ideas down on, etc.? And the list goes on. As the U.S.S.R. toiled in a land of one-ply toilet paper, our economy flourished and we had 2-PLY paper! As they continued to use space capsules to orbit the Earth, we put men on the moon (while in the Arizona desert sound stages), and build space shuttles for museums!
My point for today is that government spending is the biggest booster to bringing an economy back from the ledge. It’s like buying pizza and beer for the your buddy, sitting out on the ledge of his high-rise, wondering whether or not to jump.
Do you really want to be stingy at a time like that, America?