Just Asking

Friday, February 13, 2009

Fish and Pork

"Give a man a fish, feed him for a day; teach a man to fish, feed him for life."
Old (Chinese?) proverb

The "stimulus" bill wending its way through Congress will accomplish the former but will fail to accomplish the latter. Giving cash to citizens will feed them for a day. Spending money on construction projects will feed the construction crew for many months. But there is nothing in this “stimulus” bill that will result in permanent economic growth. It is all pork.

Economic growth and prosperity results from establishing a permanent business, such as manufacturing a product that everyone needs, like toilet paper, and from education and training of individuals with useful job skills, such as becoming a hairdresser, an engineer, or a plumber.

Sorry to disappoint all of you Obama fans out there, but this “stimulus” bill will do nothing more than feed a few of us for a few days. It will not result in economic recovery, and in the long term, it will actually harm economic growth with higher national debt, higher tax burdens, bigger government, and other disincentives for each person taking responsibility for his own welfare.

6 Comments:

At 4:02 PM, Blogger asterisk said...

"40% of America's rivers are too polluted for fishing, swimming, or aquatic life.

"Even worse are America's lakes—46% are too polluted for fishing, swimming, or aquatic life.
1.2 trillion gallons of untreated sewage, stormwater, and industrial waste are discharged into US waters annually. The US EPA has warned that sewage levels in rivers could be back to the super-polluted levels of the 1970s by the year 2016.

"Asian rivers are the most polluted in the world. They have three times as many bacteria from human waste as the global average and 20 times more lead than rivers in industrialized countries

"Serious water pollution incidents increased by 50% in England and Wales last year with farmers responsible for more than a quarter of them, the Environment Agency says."

- Harmon Smith

 
At 5:01 PM, Blogger Iris said...

Asterick, Huh?

What does your post have to do with the 780 billion dollar spending bill?

 
At 4:57 PM, Blogger asterisk said...

One can imagine that the ultimate mathematician is one who can see analogies between analogies.

Stefan Banach

 
At 6:53 PM, Blogger Iris said...

Asterisk, you must spend hours looking for obscure quotes. It has been said, "a mind is a terrible thing to waste."

Why not engage in some critical thinking and express your thoughts with your own words?

 
At 6:28 PM, Blogger asterisk said...

"It is especially important to encourage unorthodox thinking when the situation is critical: At such moments every new word and fresh thought is more precious than gold. Indeed, people must not be deprived of the right to think their own thoughts."

-Boris Yeltsin

 
At 2:07 PM, Blogger Pedicularis said...

And Boris Yeltsin would probably strongly disagree with my opinion that a limited government is best. Best for the citizens, and best for a strong economy.

 

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