Stimulus Package Drying Up The Economy

As a Christian this burns me up. What you may ask - Government Waste. I received this in an email from the Family Research Center about where Rep. Nancy Pelosi would like to spend your tax dollars:

Exactly what kind of stimulus did Speaker Nancy Pelosi have in mind? That's a question more Americans should be asking now that details are trickling in about the controversial $825 billion "economic recovery" package. $200 million for lawn care in Washington, D.C., $360 million to potentially be used to put on transsexual beauty pageants and erotic art shows. These are a few examples in the $825 BILLION (and counting!), over 1,588 page stimulus bill. Speaker Nancy Pelosi argues this bill would stimulate the economy, however only 7 percent of the legislation actually goes towards infrastructure - the rest of the bill reads like a taxpayer funded payoff to groups that have supported liberal Democrats' interests.

And what a pay off! ACORN, the long controversial group that purposefully tried to muck up last year's elections to benefit the Democrats is being rewarded by Nancy Pelosi with potentially $4.19 BILLION in taxpayer funds. And more than 10 percent of the proposal-$87 billion-would be directed to groups like Planned Parenthood! The country's recession is crippling families, and the Democrats' solution is spending billions of dollars on contraception?

On the latest "This Week" program on ABC, George Stephanopoulos pressed Speaker Pelosi for an explanation. She implied that making sure there are less children is a great way to stimulate the economy! Meanwhile she helped stop an amendment to the bill that would have protected parental rights!

$200 million dollars in lawn care? ACORN potentially getting $4 BILLION dollars? $87 Billion dollars to Planned parenthood because Nancy Pelosi thinks that having fewer children will stimulate the economy?

Well the citizens of the U.S. have made their bed by putting the spend-sters in charge in Washington. I had a thought the other day and wonder how true it is, "People who can't run businesses run the government."

Obviously, people who cannot balance their own checkbooks or keep themselves out of debt are in charge. No wonder the United States has one of the largest corporate tax rates amongst industrialized nations. We are chasing our industries out of town and wondering why they don't stay, and then the government wants to call them un-American and tax them more. Idiots.

Of course, while they are demonizing those who actually create jobs, our government is spending money as if they could "always print more." Oh wait, they do.

Nancy Pelosi doesn't care though, she has her personal jet airplane to carry her across the nation. Is she the first Speaker of the House to have one?

Government Spending does not produce a stimulus to the economy! Don't believe me, look at this report form the Heritage Foundation: Why Government Spending Does Not Stimulate Economic Growth. Here's a quote:

Most government spending has historically reduced productivity and long-term economic growth due to: [3]

1. Taxes. Most government spending is financed by taxes, and high tax rates reduce incentives to work, save, and invest—resulting in a less motivated workforce as well as less business investment in new capital and technology. Few government expenditures raise productivity enough to offset the productivity lost due to taxes;
2. Incentives. Social spending often reduces in­centives for productivity by subsidizing leisure and unemployment. Combined with taxes, it is clear that taxing Peter to subsidize Paul reduces both of their incentives to be productive, since productivity no longer determines one's income;
3. Displacement. Every dollar spent by politicians means one dollar less to be allocated based on market forces within the more productive pri­vate sector. For example, rather than allowing the market to allocate investments, politicians seize that money and earmark it for favored organizations with little regard for improve­ments to economic efficiency; and
4. Inefficiencies. Government provision of housing, education, and postal operations are often much less efficient than the private sector. Government also distorts existing health care and education markets by promoting third-party payers, resulting in over-consumption and insensitivity to prices and outcomes. Another example of inefficiency is when politicians earmark highway money for wasteful pork projects rather than expanding highway capacity where it is most needed.

Does anymore need to be said? Just two years, just two years, just two years....until the next congressional election.