General Malaise

It gives us no great pleasure to hear that American companies are in danger of going under, but at what point do we stop dancing around the obvious with respect to our nation’s economy?

When are we going to look past the doom-and-gloom headlines and “we’ve got to do something” political pronouncements and start examining the meat of these massive bailout proposals?

The $50 billion loan being sought by Detroit’s “Big Three” is obviously small potatoes compared to the $2.3 trillion the government has already thrown at our country’s flailing economy, but seriously – we’re not buying the spin on this one either, people.

And frankly, we’re starting to wonder when Americans are going to figure out that replenishing union trust funds (via the “automotive” bailout) and protecting bureaucrats’ jobs (via the $150 billion states bailout) at the expense of the U.S. taxpayer does not an “economic stimulus” make.

Here’s a novel idea – why not pump that $2.3 trillion directly into the economy?

Maybe then more people could buy GM’s product … and the gazillion-dollar debt we’re running up with the communist Chinese would at least be going to stimulate economic growth, not the perpetuation of the same bad decisions that have precipitated our current disaster.

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