Macs
06-09-2009, 07:49 PM
andrew ask that i pass this along to you guys. he has another week left of his suspension.
Here is an interesting lesson on Stimulus Analogy economics.
> >>>
> >>> It is the month of August, on the shores of the Black Sea . It is
> >>> raining, and the little town looks totally deserted. It is tough
> >>> times, everybody is in debt, and everybody lives on credit.
> >>>
> >>> Suddenly, a rich tourist comes to town. He enters the only hotel,
> >>> lays a 100 Euro note on the reception counter, and goes to inspect
> >>> the rooms upstairs in order to pick one.
> >>>
> >>> The hotel proprietor takes the 100 Euro note and runs to pay his debt
> >>> to the butcher.
> >>>
> >>> The butcher takes the 100 Euro note, and runs to pay his debt to the
> >>> pig grower.
> >>>
> >>> The pig grower takes the 100 Euro note, and runs to pay his debt to
> >>> the supplier of his feed and fuel.
> >>>
> >>> The supplier of feed and fuel takes the 100 Euro note and runs to pay
> >>> his debt to the town's prostitute that in these hard times, gave her
> >>> services on credit.
> >>>
> >>> The hooker runs to the hotel, and pays off her debt with the 100 Euro
> >>> note to the hotel proprietor to pay for the rooms that she rented
> >>> when she brought her clients there.
> >>>
> >>> The hotel proprietor then lays the 100 Euro note back on the counter
> >>> so that the rich tourist will not suspect anything.
> >>>
> >>> At that moment, the rich tourist comes down after inspecting the
> >>> rooms, and takes his 100 Euro note, after saying that he did not like
> >>> any of the rooms, and leaves town.
> >>>
> >>> No one earned anything. However, the whole town is now without debt,
> >>> and looks to the future with a lot of optimism.
> >>>
> >>> And that, ladies and gentlemen, is how the United States Government
> >>> is doing business today.
Here is an interesting lesson on Stimulus Analogy economics.
> >>>
> >>> It is the month of August, on the shores of the Black Sea . It is
> >>> raining, and the little town looks totally deserted. It is tough
> >>> times, everybody is in debt, and everybody lives on credit.
> >>>
> >>> Suddenly, a rich tourist comes to town. He enters the only hotel,
> >>> lays a 100 Euro note on the reception counter, and goes to inspect
> >>> the rooms upstairs in order to pick one.
> >>>
> >>> The hotel proprietor takes the 100 Euro note and runs to pay his debt
> >>> to the butcher.
> >>>
> >>> The butcher takes the 100 Euro note, and runs to pay his debt to the
> >>> pig grower.
> >>>
> >>> The pig grower takes the 100 Euro note, and runs to pay his debt to
> >>> the supplier of his feed and fuel.
> >>>
> >>> The supplier of feed and fuel takes the 100 Euro note and runs to pay
> >>> his debt to the town's prostitute that in these hard times, gave her
> >>> services on credit.
> >>>
> >>> The hooker runs to the hotel, and pays off her debt with the 100 Euro
> >>> note to the hotel proprietor to pay for the rooms that she rented
> >>> when she brought her clients there.
> >>>
> >>> The hotel proprietor then lays the 100 Euro note back on the counter
> >>> so that the rich tourist will not suspect anything.
> >>>
> >>> At that moment, the rich tourist comes down after inspecting the
> >>> rooms, and takes his 100 Euro note, after saying that he did not like
> >>> any of the rooms, and leaves town.
> >>>
> >>> No one earned anything. However, the whole town is now without debt,
> >>> and looks to the future with a lot of optimism.
> >>>
> >>> And that, ladies and gentlemen, is how the United States Government
> >>> is doing business today.