Bill’s Blog

Today on Queercents, I question the benefit of the stimulus package currently working its way through Congress:

“The US government has been moving fairly quickly to pass some form of stimulus package to try to head off a recession. The stimulus package would basically amount to mailing $150 billion out to everyone, with the point being for them to spend it to keep the economy going. Not everyone agrees that an actual recession (two consecutive quarters of negative GDP growth) is in the cards, but I guess no one in Washington, D.C., wants to deal with a recession in the middle of a presidential election, so they’re trying to do something just in case. I have a rather negative view of the federal government’s ability to do anything useful with the money we send their way, and I am usually happy to keep more of my money, so how could I possibly object to the government sending me a few hundred dollars to spend?”

Read the rest here.