Our government is preparing to pass something called a stimulus package. According to the experts, this stimulus package won’t directly stimulate much of anything in the short term, when we need it. But with any luck it will bamboozle a hundred million morons into thinking their government did something useful, and that in turn will cause them to become more confident and spend additional money on cigarettes and lottery tickets, thus stimulating the economy.
The funny thing about this scheme is that it might work. The other funny thing is that no one is trying to hide the fact that the entire plan depends on bamboozling the aggressively ignorant portion of the population. We need to get those bozos spending again, and if it requires a fraudulent stimulus package to get it done, most people seem okay with that.
This is yet another situation where smart people are ironically incompetent if left to their own devices. If the world were populated only with the smart and well-informed, we’d all sit around waiting for someone else to spend money first, so they can take the highest risk. Eventually society would crumble and all of us geniuses would be eaten by rats. But if you throw a bunch of clueless bastards into the mix, suddenly the economy is supercharged. Money is flying everywhere, confidence becomes warranted, and the economy flourishes.
Our past economic booms depended heavily on morons. Those wonderful stimulators of the economy had to buy stock in perpetually unprofitable tech companies, or invest in real estate after it was clearly overpriced. Every economic boom is powered by the clueless. I see no reason why the next one should be different, except that the government is doing the bamboozling this time.
I plan to do my patriotic duty by no longer following the news coverage of the economic stimulus plan. This will allow me to imagine that all of the pork and special interest garbage will be removed from the final bill that gets approved. I will blissfully assume that the economic stimulation will be short term and effective. Oh, and long term and effective too. And then I, and my fellow ignorami, will spend, spend, spend our way out of this slump.