I really don't want to make this another blog that rants about the questionable programs coming out of Washington right now....I just got angrier and angrier this morning as I was listening to radio news shows.
We are paying people to trade-in perfectly acceptable cars, scrap these perfectly acceptable cars, dilute the trade-in market, subsidize government-owned auto makers and create unfair competition for those automakers running solvent and successful businesses who didn't need to take government money? All the while increasing my tax burden? Oh and it gets better... some of these eligible cars are made in Korea... so we are actually subsidizing the Korean economy? Oops... I started ranting....
BUT for the moment, let’s just pretend to ignore the fact that the Obama brain trust developed a program that was designed to run for three months but ran out of money in four days... more importantly, what does this suggest about their (in)ability to forecast anything about the economy or their (in)ability to administer your healthcare?
Cash for Clunkers just makes me more and more despondent about the prospect that Congress may soon be making my health care decisions for me. I am not saying healthcare doesn't need fixing, I am just saying I am tired of having to be the one to pay for everything.
Also... in my recent, informal Kathleen poll.. there are two problems that the majority of Americans are concerned about - the growing debt and the lack of jobs.
YET... the two issues Congress is quagmired in are .... energy and health. What am I missing? How are they supposed to reduce debt and create jobs?
Someone somewhere thinks putting a bigger burden on small businesses will make the economy all better? COBRA subsidies, minimum wage pay increase, supplemental tax hikes ... brilliant. For many, it's not about the money. It's about the sheer hassle of compliance with the tax laws and the complete loss of control you feel when dealing with the government.
I know I got a B in economics, so obviously I don't know much about the economy - supply, demand, stimulus, recession are all very complex. However, I do recall the best way to stimulate the economy is to stop taking money from taxpayers to begin with!
I wanted a renewed sense of optimism. Yup, I voted for the other guy, but I wanted change, too. I think we were a nation that was a little bit broken. But, I wonder if, as a nation, when we went to the polls we voted based on charisma versus experience? Now we have a bunch of newbies with advanced degrees trying and ...not succeeding.
I have advanced degrees... a BS, an MBA, a few professional certifications AND a Red Cross babysitting certificate.... I think that makes me qualified to run... the Department of Treasury.