We've all been through the dilemma of what to give someone when they reach an important milestone.
Just coming off of the graduation season, many of us tried to find that balance between something inspirational, useful, and, hopefully, enduring. When the recipient is further from our intimate relationship base (co-worker's child, cousin's child, etc.), this task becomes increasingly more difficult. The fall back position when we feel a little out of touch is to send a check or give a gift card. It's the thought that counts, right?
It appears that's what an out of touch US Congress has in mind as seek to show they understand the financial distress in an uncertain economy and the outright pain of $4/gallon gas. Are they boldly crafting a plan that eliminate the deficit spending the directly sucks capital out of our economy? Are they calling for a "moon shot" energy program to reduce our reliance on foreign oil? No. They are taking the easy way out. They are simply debating whether to send you another rebate check. What milestone did you hit? High School Graduation? 40th Birthday? 50th Wedding anniversary? No, your milestone is that you are an eligible voter this fall. There is no better way to show you they care than by keeping the checks coming.
Those of us actively involved in the Independence Party have consistently highlighted the negative effects of the huge federal debt and the deficit spending that keeps feeding this monster. Case in point, the rampant devaluation of the dollar, in part because of the deficit, has had more of an impact on gas prices than increasing world wide demand.
This spring, the federal government gave away over $100 billionto us in "stimulus" checks and charged it to the credit card financed by foreign countries, primarily "China". Let's hope we don't hit the over limit or we'll be in for a cascade of higher borrowing costs. Who will have to pay this back? It's the generation behind us who will spend more of their tax dollars feeding this financial pig with little room to invest in their future security. While there are better economic stimulus ideas out there, it's much easier to send a check.
...here's the operative quote: 'When underdogs choose not to play by Goliath's rules, they win.'
Jack Uldrich in "How the IP Can Win" Join the discussion