Thursday, January 24, 2008

Fire up the presses, it's printin time!

The Times reports:

WASHINGTON — House leaders and the White House on Thursday announced a tentative agreement on an economic stimulus package of roughly $150 billion that would pay stipends of $300 to $1,200 per household, and more for families with children, plus provide tax incentives for businesses to encourage spending.

Translation: They're gonna print a lotta money and throw it in the air by the fistful. A lot more money, to put it accurately. It won't be long before we're all carrying around suitcases full of Benjamins to buy groceries. That's already the case if you travel. Funny how you don't hear much about the deficit these days.

Or perhaps the plan is to trick the Arabs and the Asians and the Europeans into going to war with each other over who gets to buy up everything of value in this country? Nah, there is no plan. At least nothing beyond getting a blip in tomorrow's polls. Maybe they'll kick tomorrow?

And of course it could just be another ruse. Last time we learned that the supposedly free money was just an advance on our tax cut, you know, money we would have gotten anyway. Is that trick in the works again? The news stories describe it as a "stipend" or a "rebate," but it'javascript:void(0)s an unfortunate, and very real, possibility that our top flight media don't know what those words mean, or just take dictation without bothering to stop and think about it. We'll see. It'll probably end up being some combination of the two.