"Montsman, a little hint: if you're going to pretend to satirize me, at least try not to sound like a 6th-grader.
That said--how did that first stimulus work out? Pretty good?"
#12 | Posted by rightisright
This is the first year I had a scottrade account.
Was kinda excited because I could see the economy getting ready for a dive and wanted to figure how to capitalize on that knowledge.
Never dabbled in stock trading before but I figured hell I bet I could make better decisions than the monkeys running my 401k plan.
I could have gone on vacation to the bahamas like I wanted but I put the money into the stock market. Sure it was only about 40K not a real good amount to play around with but I could afford to lose.
I made a bundle - after one year I have almost 60K and that is about a 50 percent return in one year. There was much opportunity to make money and I am all for a little democratic capitalism.
So yes I am glad that the economy is rebounding. I understand your warnings about the costs and it is well taken.
But your whining it just sounds like the right when they were bitching about FDR and his stimulus (or whatever they called it was deficit spending).
The right was wrong.
The right complained about how we should stay out of WW2 and leave Hitler alone.
The right was wrong again.
The only good thing that came from the right in that period of history was Wendle Wilke. At least he had the vision to realize a better way through a United Nations. Probably the equivalent of the Olympia Snowe of the 1940's.
So yes I am all for some more stimulus spending from Uncle Sam and this time they want to focus on job creation I say way past due! Lets get a job core like the old CCC where we put people to work and give them hope once again!
Hell yes!!