Tuesday, July 1, 2008

The Economy!

Youre probably tired of all the soothsaying so I'm not going to do it.

Who remembers the Stimulus plan? Everyone...once it is brought to mind.

What was the Stimulus plan designed to do? To use government and borrowed money to rescue the economy.

What have I been saying about the Stimulus plan since its conception? That it wouldn't work.

Who was and is right? Me.

What a good day.

Government is the problem, not the solution.

Root of the economic correction is the price of gas.

For Allegan County, who drives up the price in gas? Fed Govt taxes $1.184 per gallon. Fed Govt has placed regulations on the Oil Companies drilling abilities. This is hindering production and supply, driving up the price. State govt taxes 63 cents a gallon. State govt places regulations on the content of a gallon of gas, decreasing the supply further because it differs from other states.

The libs say the oil companies make absurd profits? Its $0.081 per gallon. Whoop-de-doo. They actually do something to earn their money...the government does nothing and makes, total, twenty three times as much per gallon.

Government is the problem, not the solution.

They ought to let the market do what it does: grow.

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