The Stimulus, Tax Cuts, Conservatives, Liberals and the Economy

While we could all argue about the systemic flaws in our economic system, nonetheless, in the system we have, we have what looks like a deep recession. Standard economic theory dictates that the government should try to stimulate the economy-- either by cutting taxes or by spending more-- in order to start producing growth. It should be clear that tax cuts by themselves are not an effective stimulatory measure, simply based on the last eight years. If tax cuts were the simple solution to produce a vibrant, growing economy, then Bush's tax cuts should have resulted in a fabulous economy instead of the shithole we're in now. And the fact is that a huge percentage of people are tapped out on money and/or don't have jobs, and the best way to help these people help the economy into the system is by the government spending money on new programs. This is just simple economics, however much conservatives try to deny it. I am truly amazed as ever, by the incredible ignorance and/or malice shown by conservatives on economic matters. And it's clear that they have no real intention in helping Obama restore the economy. The Republicans are simply bad actors in this situation. I don't know if they are secretly trying to fuck up the country, or they are misguided by their malignant ideology, but either way, I consider them enemies of the people.

One can make an argument that the economy needs a complete overhaul that will be facilitated by a complete crash. The problem is first that no one is publicly putting out any real viable alternative to our present system, and two that such a crash will likely lead to complete chaos that will cause enormous pain to millions of people-- if not the deaths of millions of people.

The Democrats have lots of problems, a major one being that they are complicit in the Bushco war crimes. However, their saving grace is that they at least have a decent understanding of economics and how the government can help the economy and thus the lives of its citizens. But it's simply evil how the media is letting the malignant, know-nothing Republicans define the terms of the economy (e.g. here and here), when these conservative clowns are the ones who brought us to this catastrophe* in the first place.

*I personally have lost tens of thousands of dollars in the stock market in the past year. Probably altogether my family has lost $50K in the last year-- I consider that a catastrophe (fortunately we are still okay). But of course, we're not an isolated case, and lots of people have lost huge amounts of money AND lost their jobs.