My dad sent this in an email today and I thought I would share it:
It is a slow day in the small Saskatchewan town of Pumphandle and the streets are deserted.
Times are tough, everybody is in debt, and everybody is living on credit. A tourist visiting the area drives through town, stops at the motel, and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs to pick one for the night.
As soon as he walks upstairs, the motel owner grabs the bill and runs next door to pay his debt to the butcher.
The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his supplier, the Co-op.
The guy at the Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her "services" on credit.
The hooker rushes to the hotel and pays off her room bill with the hotel owner.
The hotel proprietor then places the $100 back on the counter so the traveler will not suspect anything.
At that moment the traveler comes down the stairs, states that the rooms are not satisfactory, picks up the $100 and leaves.
No one produced anything. No one earned anything. However, the whole town is now out of debt and looks to the future with a lot more optimism.
And that, ladies and gentlemen, is how a Stimulus Package works
It sure is a great example of Obama's stimulus. All it did was pay off debt but not produce anything. It didn't hire anyone, nobody has any money in their pocket and it didn't buy anything new to actually stimulate the economy. To dummycrats this is a stimulus package. No wonder we're in trouble.
And the dummycrats wonder why it didn't work. They confuse debt relief with stimulus.
You left out the most important thing.
That $100 was worth $5 when it finally got back to the hotel.
by ngureco8 years ago
Do You Think Obama’s $787 Billion Dollar Stimulus Package Is Working As Intended?
by worldscope7 years ago
Critics of the Stimulus Package - What is your alternative strategy for reversing US economic decline? Why is your strategy better than Obama's?
by blantonb20007 years ago
Will there be a stimulus package in 2010?
by Ralph Deeds8 years ago
Paul Krugman's column in the NYTimes today 1-5-08 is entitled "Fighting Off Depression." In it he called the recent economic numbers "terrifying," not just in the U.S. but around the world....
by BDazzler8 years ago
Well I guess we have proof positive that the stimulous package is full of pork! "$1.8 million for swine odor and manure management research"http://www.bloomberg.com/apps/news?pid= … p;refer=usWhat a...
by uncorrectedvision6 years ago
It should be obvious to the objective that the programs pursued by Barack Obama have failed. Unemployment grinds on at over 9% , even as the ranks of the hard core unemployed, no longer counted in that figure,...
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