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Old 02-21-2009, 12:12 PM
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Default O.T. Understand The Stimulus Bill

I received this in my e-mail and I couldn't agree more. Check out the quote at the end.


Shortly after class, an economics student approaches his economics professor and says, "I don't understand this stimulus bill. Can you explain it to me?"
The professor replied, "I don't have any time to explain it at my office, but if you come over to my house on Saturday and help me with my weekend project, I'll be glad to explain it to you." The student agreed.
At the agreed-upon time, the student showed up at the professorĘs house.

The professor stated that the weekend project involved his backyard pool.
They both went out back to the pool, and the professor handed the student a bucket. Demonstrating with his own bucket, the professor said, "First, go over to the deep end, and fill your bucket with as much water as you can." The student did as he was instructed.
The professor then continued, "Follow me over to the shallow end, and then dump all the water from your bucket into it." The student was naturally confused, but did as he was told. The professor then explained they were going to do this many more times, and began walking back to the deep end of the pool.
The confused student asked, "Excuse me, but why are we doing this?"
The professor matter-of-factly stated that he was trying to make the shallow end much deeper.
The student didn't think the economics professor was serious, but figured that he would find out the real story soon enough.
However, after the 6th trip between the shallow end and the deep end, the student began to become worried that his economics professor had gone mad. The student finally replied, "All we're doing is wasting valuable time and effort on unproductive pursuits. Even worse, when this process is all over, everything will be at the same level it was before, so all you'll really have accomplished is the destruction of what could have been truly productive action!"
The professor put down his bucket and replied with a smile, "Congratulations. You now understand the stimulus bill."





The democracy will cease to exist when you take away from those who are willing to work and give to those who are not.
- Thomas Jefferson
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Old 02-21-2009, 12:50 PM
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That is a really good way of explaining that
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Old 02-21-2009, 02:30 PM
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very nice!!
Agreed the stimulus bill is not effective.
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Old 02-21-2009, 04:41 PM
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The democracy will cease to exist when you take away from those who are willing to work and give to those who are not.
- Thomas Jefferson


Ole Tom, hit the nail on the head!
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Old 02-21-2009, 06:38 PM
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One other aspect that needs to be mentioned, as each bucket is filled and subsequently poured over dry plaster, the effects of evaporation will be accelerated, diminishing the value of the water being poured. (In other words, with all the money being printed to fund this, the value of our dollar will go down, supply and demand)
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Old 02-21-2009, 07:27 PM
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I would have thought lessons would have been learnt from Japan, remember they had the powerhouse economy of the post war era untill it crashed in the 90's, they threw trillions at it with little effect, and it's still in recession almost 20 years later, you can't buy your way out of it all you can do is try and keep people working, let nature take it's course!
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Old 02-21-2009, 08:47 PM
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Pete....
Have you noticed that none of these controlling people have taken a look at history?

Hey Val....
"(In other words, with all the money being printed to fund this, the value of our dollar will go down, supply and demand"

Think we should by gold?

Boyd....
Good prospective and dead on.

Last edited by Mainjet2001; 02-21-2009 at 08:52 PM.
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Old 02-21-2009, 08:50 PM
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Quote:
Originally Posted by VAL View Post
One other aspect that needs to be mentioned, as each bucket is filled and subsequently poured over dry plaster, the effects of evaporation will be accelerated, diminishing the value of the water being poured. (In other words, with all the money being printed to fund this, the value of our dollar will go down, supply and demand)
And once the value of the dollar goes down, inflation goes up.
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Old 02-22-2009, 06:39 PM
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Yep, and we are in a worse situation than we previously were...
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Old 02-23-2009, 01:52 PM
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Good explanation Boyd!

I would add the following:

Imagine being helplessly in debt with virtually no possibility of paying it all back. That is precisely where the USA is. The solution by our corrupted and criminal ELECTED OFFICIALS is to go further in debt by spending more money by creating it from thin air. More FIAT money.

This incompotent decision, which most intelligent Americans do not want will in fact burden the generation of my future grandkids kids!

If I go further with how I really feel - I might get banned!
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