Where's the Stimulus?

First of all, can we all agree that the $780B boondoggle bill is NOT stimulus? Even the most ardent Democrat supporter must see it for what it is, a power-grab by a socialist to centralize everything in Washington. After all, they are omnipotent and smarter-than-the-rest-of-us.

When you add it all up - non-stimulus spending PLUS a new proposed non-stimulus spending bill PLUS taking over the banks PLUS taking over the car companies PLUS taking over healthcare what other conclusion can you arrive at? Seriously, this is not a rhetorical question!!!!!

When you promise to allow all bills to be posted online for five days "so the public has a chance to read it" and then blow it through the legislative process with ZERO VOTES from the opposition Party, you've got to acknowledge it for what it is. Right?

With that said, I want to point out a solution to the current economic crisis as floated by Art Laffer yesterday. Mr. Laffer made the following point: instead of spending $780B on projects and funding state deficits, why not just give every person and business a year long tax-free holiday? The money would hit the economy immediately. Investment would surge. The economy would boom. Tax revenues the following year would explode. We avoid the protracted recoveries of the 1930's and 1970's that the government is pursuing now. Sure we miss out on a year's worth of tax revenue (e.g. $1.4T in 2007) but who cares? D.C. can tighten the belt as well, cut spending, let the economy boom, then the entire difference would be more than made up by the subsequent boom. And let's face it, revenues will be NOWHERE NEAR the 2007 levels; the CBO is telling the feds that revenues are down over 30% already. That puts it in the ballpark of the spending package cost.

Why not cancel the non-stimulus spending, shift it to a tax-holiday for a year, and let the economic growth explode - we lose NOTHING and can gain everything????

THE REASON this will never happen with the current regime is POWER and SOCIALISM. If our so-called leaders were working in our best interest, they would employ some kind of outside-the-box solution like a tax-free holiday. Instead we get higher spending, higher taxes and printing money. It has FAILED every single time it has been tried.

WHY THE HELL DO WE PUT UP WITH THIS?