Its Not Worse Than What I Thought

The Economy Is Even Worse Than You Think .

Yeah, right. I think stimulus means the economy as a whole, not a stimulus for government.

Now, do you want to think real stimulus? The data at Employment Table A-10 show that the number for the unemployed in June stands at 15,095,000. We had a stimulus that totaled $787,000,000,000. Since the federal government is only truly efficient at the process of cutting checks, it appears to me that we could have mailed each unemployed worker a $40,000 check for a total of $603,800,000,000 and saved the cost of the bureaucracy. Lot of consumin' could go on with 40 grand and the uptick in the economy would at least be discernible to the great unwashed.

Now that's a ridiculous scenario that took about two minutes of thought. It was, however, no more ridiculous than the plan that passed through Congress to what we now see as a botched effort. A plan to be noted, by the way, that no one read before the vote. Maybe they should keep it simple like I do.