Thanks for the great post, Stephen. I’m in the midst of an audit at my day job, and so have been a bit neglectful of the JordanCornblog part of my life. Things should be calming down soon, though.
Been thinking about the stimulus plan and I have to say that the one I like best is the one introduced by Jon Stewart.
Seriously. It gets rid of the consumer debt (no need for those bad banks) … gets money into the economy via the “trickle up” route that has worked in the past. Where’s the downside? Yeah – some folks might be getting money who “don’t deserve it.” But you know what – I’d much rather see little guys who “don’t deserve it” get the money … than fat cats who “don’t deserve it.”
I’m going to tell Obama about this, somehow … I think it’s the way to go. Trickle Up … and infrastructure, too.
(And no, I don’t personally have a lot of credit card debt … so the self-interest angle isn’t operative here.)
Barack – are you reading this? How can I get this onto your Blackberry?