Quote:
Originally Posted by AKA_Monet
I don't know how to generalize this situation. Everyone who is undergoing this loss has an individual story.
While the Zombie Banks will take all our money, some of the stim pkg money will make a difference making it worthwhile.
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I'm not trying to marginalize what people are going through by speaking in a more general sense. I have close family members and friends who are going through a lot right now, between the loss of their jobs, losing value on their homes, and losing most of their retirement funds. So, please don't misunderstand my statements to mean that I don't see and understand the difficult situations that many people in this country are facing.
I meant it more from a cost/benefit perspective. I just don't want to see a situation where the government over-extends itself trying to help the immediate problem, and doesn't look at long-term issues. So, for example; if the government is over-extended on the current stimulus package, does that mean higher taxes for people who can't afford them? Does that mean that current benefit programs will get cut down the road? Will we be trading a temporary relief for long-term economic recovery?
I'm no economist, and I obviously don't have the answer to these problems. I understand the other side of the argument, and I'll admit I have a bias towards less government involvement if at all necessary.
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