This is one of the problems of an educational system that barely teaches kids to read, never mind about basic economics. Manipulation of the money supply and it’s impact on the economy is one of the simplest concepts to grasp. Greenspan devalued the dollar 50% in 8yrs. What the printing to support this Porkulus package will do is scary. People have no idea what stagflation is, but they unfortunately will soon enough.

Frank ~ Spot on! INCENTIVES (NOT handouts) to small business owners is what will stimulate the economy if the politicians really wanted to do that. Small business is the engine that drives this economy (equally or greater than large corps) yet we are being put right in the cross-hairs of this plan. Time to put our heads down and push forward, until as you said, it’s time for Atlas to shrug.

The problem, however, is that Obama and his liberal media have brainwashed the American public into believing that small business owners are all multi-millionaires who live in mansions and drive Bentleys. Any tax cut or incentive for small business will be labeled as yet another “tax break for the wealthy.” In reality, nothing could be further from the truth. Many small business owners sacrifice for their employees. They go without health insurance so they can provide it to their employees. They don’t take salaries in down times, so they can continue paying salaries to their employees.

And what do the employees do? They drink the liberal kool-aid, believe their boss is one of the “rich,” and vote for a looter like Obama who promises to transfer even more of the boss’s money into their own pockets.

Sickening, disgusting, saddening, angering. And unless and until the biased media is reigned in, it’s just going to keep getting worse and worse until we collapse and “Atlas Shrugs.”

The monetary points you make are dead on. We can’t keep giving away our money before we start to wonder why we are working so hard in the first place. Why not let the government hand me a stack of money that they took from the other guy?

The problem with that kind of logic is that we are trying to fund a huge Ponzi scheme on a scale that makes Bernie Madoff look like the operator of a “shell game” on a cardboard box!

We can’t keep throwing money away on a stimulus package that is being rammed down the American peoples’ collective throats, while the only thing being stimulated by the package is our gag reflex!

When we question the people doing the ramming, they tell us that they are in the middle of a crisis and that the package absolutely must be approved or the economy will die.

Sorry, but it is already dead. The economy as we knew it as far back as the 1990’s is long gone. We no longer manufacture like we once did and the service industry is farming out as much of its work to third world countries as is humanly possible.

When banks get $30 billion or more in bailout money, but charge their customers thousands in fees and still find a way to give their CEO’s nice fat bonuses and perks. Now mind you, I am all for CEO’s getting compensated for running a company well. But the fact that they are accepting bailout money tells me that they did not perform very well, so why are they getting a bonus?

Because they managed to con the US Government into a $30 Billion windfall for them.

The emergency will only get worse, with a crap filled package that does nothing to help the people who drive this economy: the small business owner! Why couldn’t the package be one filled with opportunities for businesses to expand into new markets, develop their existing markets or retool to be able to compete in a global economy? Small business loans and grants would stimulate businesses at the bottom of the food chain to expand and add new workers, adding to the number of working Americans and adding more money into the economy.

People cannot spend what they don’t have, and it is about damn time that they realize it. If I spend more than is in my bank account, I get service charges. If the government spends more than it has in its bank account it prints more money!

We are in a very scary time right now. People are afraid to spend money that may not be there the next day! The California man that killed his wife and five children before taking his own life last week was a stark reminder that we are all just a couple paychecks from bankruptcy when we are working for someone else.

I stepped away from my job with Sam’s Club in October of 2008 to run my own business. Money is a little tight, but it is 1000 times better than the man who loses his job and has to come home to his spouse and tell her that they are in trouble. I know that all I have to do to make the electric bill is to go find a person who needs a blog installation or wants to learn how to do something online.

My destiny is in my hands and I am glad that I do not have to rely on the handouts of the USA! After this latest economic stimulus has been spent and results not what anyone wanted to see, what is the next step going to be? Throw more money after that last batch?

Barack, where is the change? Where is the hope? After more than 100 billion dollars in new spending per day in office, he is looking more and more like the “old regime” that the campaign said they were going to replace!

CEO confidence has already dropped below the levels seen in the 1979-80′ recession (the worst since the end of the depression.) I’ll be covering this and the impact it should have in your business planning in an upcoming post.

The unmentioned item here is that from an economics standpoint if the bailout doesn’t have an effect on the recession then it is the start of the depression. Unfortunately we won’t see any medium to long term results with the so called bail outs.