Insanity
Posted by MEC on January 17, 2008
A classic definition of insanity (attributed variously to Benjamin Franklin and to Albert Einstein) is doing the same thing over and over, expecting different results.
Keeping this in mind, I note that Bush is proposing an economic stimulus package to prevent a recession. The stimulus package consists of tax cuts.
I am reminded of another classic. To paraphrase slightly:
“Hey Rocky, watch me pull an economic recovery out of my hat!”
“That trick never works!”
Mikhail said
This is only the beginning of our demise.
The Collapse
The Collapse-Part II
The Collapse-Part III
The Collapse-Part IV
Eli said
Well, with the caveat that Bush is likely not expecting the tax cuts to do anything to help the economy, because that’s never really been a concern for him.