Foolish Fiscal Fantasy

Obama wants nearly a trillion dollars to stimulate the economy in addition to the seven hundred billion already appropriated for the Paulson plan. The government can not even precisely account for much of the three hundred fifty billion dollars already spent. Obama's premise of a surge up prosperity as opposed to a David Stockman/Reagan style trickle down can not work. If the poor knew how to spread prosperity through industry and entrepreneurship, they would not be poor in the first place. The only job creation occurring will be the growth of government jobs. Low and middle income people with ambition, ability, and substance have not remained static in the capitalist America of the past. They have enjoyed incredible upward mobility and not because of a five hundred or thousand dollar government stimulus check. If a person were not satisfied with his station in America, it was possible to rise above it. The US is not Victorian England where people were hidebound by class. Just look at all the Asians who have come here with nothing and within a few short years end up owning a business and within a generation have their children enter the professions. They did not come here to sign on to the dole. Obama's plans from energy with massive expenditures on greening fuel with international demand for gasoline drying up making it very affordable, to medicine, to give free care (that is free for the recipient but glaringly expensive for the taxpayer) to dependent children up to age thirty(30) will at best bring us an extended recession under Northern or Middle European-style socialism. At worst, the US may find herself in an unending depression with entrenched Democrats cum Marxists running most every aspect of American lives.