Tuesday, April 3, 2012

No Stimulus From Feds

Talks about the yet another Stimulus Package from the Federal Reserve appears to be just that, just mostly talks. And really that is not as bad as a thing as many people would have assumed it. The last thing that we need is more useless paper being placed right into the economy. The problem is that should a proposed stimulus have gone through, it would be another temporary fix before we fell back to the inevitable problems that have been occurring with the United States economy over the past five years.

Stimulus Ideas Stifled for the Time Being


The time being is the key word. I'm sure the word  "stimulus" will be brought up before too long when another quick fix is needed for the United States economy. One would really think that we would have long since learned the long term effects of short term solutions. Then again, we've gone over the point that this debt is being racked up even more and more because of quick fixes, then come back to bite us. Much like the compulsive gambler who takes out loans from the mafia to pay off his gambling debts, it might get one party off of their back for a short time, but we really have another problem.

It is absurd to think that things are much better in 2012. There are slight improvements but any improvements in the stock market are merely an illusion and just really deceptive at best, given how under valued and how much less stock is on the market. Plus only a certain percentage of the population is even bothering with even tapping into the stock market. After the last fall of the stock market back in 2008, many people have decided to avoid Wall Street, investing whatever money they have scrapped together.

Then there is the unemployment rate. The point that any new jobs that are being created are not the right jobs or jobs that are long term can really be hammered home. Therefore unemployment benefits have absolutely dried up to a dismal level with those still going under the delusion that the unemployment rate means those who are unemployed. In reality, there is no way to measure that and it is just those who are collecting unemployment benefits, which are becoming less and less, the longer people are out of work.

It is amazing how many people think that the unemployment rate actually going up means that there are more people who are going back to work, when in fact, it doesn't mean that at all.

Another stimulus package is off of the table for right now, but the fact is spending money that we already don't have, on top of spending more money that we don't have, will not work. The United States economy is giving the illusion that it will improve for a few weeks, before we fall right back off of the wagon and the fools in the Fed are looking for another quick fix, to snow job the average person into thinking that they are doing anything.

It took a while for the sins of spending what we don't have to catch up with us but it has really occurred.

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