Why Government Stimulus Checks are Never Good

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By BillWhitmire


The first reason why government stimulus checks are never good is that they represent inflated dollars. With the over 10 trillion dollars in national debt the value of the US dollar is at an all time low worldwide. Dumping more inflated dollars into the economy is not going to help in the long run. Sure having the extra money to spend in the short term may seem fine but it just adds more fuel to the economic fire. The value of the dollar in the long term is going to continue to decline as long as government stimulus checks continue to be handed out.

The second reason why government stimulus checks are never good is they represent more debt. This means more debt for our kids and grandkids to shoulder in the future. At best taxes will need to be raised to offset the inflated dollars in the economy. More hardship and less money to go around for many years will be necessary to raise the value of the dollar and offset debt. Government stimulus checks represent accelerated financing on the earning potential of future generations which is very risky business forecasting as no one knows what the future economic conditions will bring.

Thirdly why government stimulus checks are never good is they bring down morale. The more the government floods the economy with inflated dollars increasing the national debt, the more we drift toward a socialist system. The government stimulus checks usually only go to those groups with the most clout or lobby power with the small businesses being put in a position of disadvantage. This doesn’t give the impression to small business owners that the game is fair. Many have become disheartened over the way the game is played.

Lastly, why government stimulus checks are never good is the USA is a system based on capitalism and free enterprise. Companies fail for a reason and it is usually the owners or executives making the decisions who are responsible. They should be let go on a minimum and replaced with more competent individuals not bailed out with government stimulus checks. To stay in business requires making a profit and if a business fails to make a profit they should not be in business. Businesses that have failed to make a profit should not be bailed out but should close their doors or be absorbed by those companies that continue to make a profit.


Jessicawhitmireart.com
Jessicawhitmireart.com

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