Posted by
Longplay on Monday, February 02, 2009 11:31:00 PM
Rush Limbaugh recently concluded a personally-proposed alternative to the Democrat "stimulus" plan with these words:
" ... Suspend the capital gains tax for a year to incentivize new investment, after which it would be reimposed at 10%. Then get out of the way! Once Wall Street starts ticking up 500 points a day, the rest of the private sector will follow. There's no reason to tell the American people their future is bleak. There's no reason, as the administration is doing, to depress their hopes. There's no reason to insist that recovery can't happen quickly, because it can." [emphasis mine]
Unfortunately for us, however, the Obama administration does have a reason, and it has nothing to do with improving the economy and the lives of American citizens. It has everything to do, as Rahm Emmanuel pointed out, with not letting "a crisis go to waste". To their ilk a recovery would be a waste, in that it would begin to close the door to their goal of a bigger, more controling government. They are after the political power to change the nature of the country's government, pure and simple. The economy, and the public, be damned.