Comments on: Stimulation-palooza!

By: Michelle Malkin » Stimulus-palooza: It never ends

Michelle Malkin » Stimulus-palooza: It never ends — Tue, 21 Oct 2008 14:00:16 +0000

[...] me repeat what I said when this madness first kicked into high gear in January: I’m all for the government giving me back my money. But why not drop the economic stimulus [...]

By: Michelle Malkin » Pelosi: Hey, how about another crap sandwich?

Michelle Malkin » Pelosi: Hey, how about another crap sandwich? — Wed, 08 Oct 2008 19:57:44 +0000

[...] reminder of what I said in January and throughout this nightmare: What I wrote here on Jan. 18: “As I’ve said repeatedly now, stimulation-palooza will inevitably be larded up with [...]

By: Michelle Malkin » Rebate-mania: Borrow, spend, repeat

Michelle Malkin » Rebate-mania: Borrow, spend, repeat — Fri, 02 May 2008 18:38:23 +0000

[...] their credit cards up the wazoo, buying more house than they can afford, etc., etc., etc.–is not to borrow more money for a one-time rebate that encourages them to spend more to produce a [...]

By: Michelle Malkin » Stimulus-palooza: The first wave is done

Michelle Malkin » Stimulus-palooza: The first wave is done — Wed, 13 Feb 2008 21:00:17 +0000

[...] The lard-up was not as bad as it could have been. But the fundamentals of stimulus-palooza were wrong at the start and wrong at the [...]

By: Michelle Malkin » Stimulation-palooza: The inevitable lard-up

Michelle Malkin » Stimulation-palooza: The inevitable lard-up — Mon, 28 Jan 2008 16:20:05 +0000

[...] I wrote here on Jan. 18: “As I’ve said repeatedly now, stimulation-palooza will inevitably be larded up with [...]

By: Prime Director

Prime Director — Wed, 23 Jan 2008 01:48:37 +0000

We're all Keynesians now. And that's too bad. Because a wise man once said "To act on the belief that we possess the knowledge and the power which enable us to shape the processes of society entirely to our liking, knowledge which in fact we do not possess, is likely to make us do much harm." The government shouldn't be in the business of choosing winners and losers in the market. That's a sure recipe for mischief. Capitalism is a profit and loss system. Bad investments must be liquidated or the structure of production is distorted and business cycles inevitably result. Every boom the government engineers will result in a bust.

By: Michelle Malkin » The global market meltdown and the stimulus farce

Michelle Malkin » The global market meltdown and the stimulus farce — Tue, 22 Jan 2008 14:17:45 +0000

[...] more reality checks to President Bush in the WSJ today–elaborating on points I’ve made here (and many of you have made here in comments and e-mails) over the last several months: A reporter on [...]

By: DBNinKY

DBNinKY — Sat, 19 Jan 2008 16:43:58 +0000

Although it’s been over a decade since I last had an econ class, I think the injection of few a quick dollars at this point in the slow-down may just provide the type of adrenaline stimulus needed to jump start into action our economy’s heart – the U.S. consumer – to get things rolling again and avert a full blown recession (sorry cnbc, but you may yet be denied the recession you’ve tried to talk us into for the last two years!).

I don’t like when our government starts crowding out investment and meddling with natural market forces, such providing artificial safety-nets for defaulted subprime loans, but I do think a one-time, quick-fix solution like the president has suggested may well work; after all, it worked to bail us out of the mess left by the Clinton’s when the Internet bubble began to burst on “their” watch, in early 2000!

By: graysonret

graysonret — Sat, 19 Jan 2008 08:32:00 +0000

Obviously, Bhishma, you are unfamiliar with the way the U.S. gov’t works. That’s okay, though, because fewer and fewer Americans do, these days. They assume we have a 1 man gov’t under Bush. The President just doesn’t take money and spend it, whatever what he likes. First, the House (democrats) have to submit a spending bill. The House(democrats) control the money. Once passed, then the Senate (democrats) approves it and sends it to the President(Bush) for signature. The money “is spent” according to the way the Congress(democrats) set it up. So, in other words, Congress doesn’t approve spending and let Bush spend, so they can impeach him. Under that thinking, if I suggested you rob a bank and you do, I’m the one going to jail and you go free, with the money. If Congress (democrats) wants it done, the President can veto. However, in this case, I think there is plenty of blame to go around. Same with budgets. The President(Bush) submits a budget proposal to the House(democrats). They must approve of it. Then it goes to the Senate(democrats) for approval too. Once that is done, the President signs it. To blame it ALL on the President is ridiculous, but that is the way Congressmen would like you to believe.

By: greenLibertarian

greenLibertarian — Sat, 19 Jan 2008 07:41:47 +0000

Excellent analysis, Michelle.

Why aren’t you part of the Bush Cabinet?

By: Bhishma

Bhishma — Sat, 19 Jan 2008 07:25:58 +0000

What does Bush care? This is not his hard-earned money. This is honest American’s hard-eraned money. Bush just gets to spend it, whatever way he likes.
On a serious note: another consequence of not impeaching Bush. And it ain’t over yet.

By: BlameAmericaLast

BlameAmericaLast — Sat, 19 Jan 2008 05:49:30 +0000

YOU HAVE TOO MUCH OF THIS PLANET’S RESOURCES AND IT IS NOT FAIR!

Ah yes, fairness. That’s the word. Redistribution of wealth so everyone is equal. I hear Shrillary use that word way too often.

No thanks.

By: puhiawa

puhiawa — Sat, 19 Jan 2008 05:28:38 +0000

The rebate idea is idiocy.
Moving on.
Romney could do better. Eliminate the first $4 or 5 thousand in dividend tax. This will clean up corporate books faster than the IRS or BS Lawyers.

By: jangle

jangle — Sat, 19 Jan 2008 04:11:38 +0000

How many people are going to spend the money and then won’t be able to pay their taxes becuase the $800 is more than their return will be. It’s not free money it comes from the taxes they have collected and they will make you give it back at the end of the year. Mine will go in the back so I’ll have it when they want it back.

By: Speakup

Speakup — Sat, 19 Jan 2008 04:06:09 +0000

Update: Romney unveils a $250 billion plan “centered on several permanent tax cuts…

I didn’t read the plan but permanent tax cuts are a really, really good start.