Stimulating the US Government to Bankruptcy by Dan Lieberman / December 18th, 2008 (11)
Secretary of the Treasury Henry Paulson stumbles forward, throws money where he can, and hopes the green paper will resolve the United States ‘ economic problems. If printing money is a viable solution to an economic mess, why doesn’t the U.S. Treasury just pay corporations for all goods that Americans want and need? One trillion dollars can purchase 50 million cars, 5 years supply. Voila, Detroit is saved. Why even work? However, Paulson’s plans rather than directly stimulating the economy are only continuing previous methods for sustaining the economy. Left out of the equation is that all the innovations that …
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