Originally posted by jimH Somewhere along the line someone has to produce something in order for there to be more money. Government doesn't produce anything, private industry does. If the government has any money to give away it has to take it from private industry or individuals.
We are in the situation that we find ourselves in now as a result of government no doing what it is intended to do and that is to govern (regulate). Instead of trying to be the generous old "uncle" and passing out patronage to voters, it should be preventing the problems that brought us to this situation. Our country is so deeply in debt now, I doubt we will ever see daylight.
Government *does* have responsibilities in these regards. People don't complain when a 'bailout' hands money to the very predatory lenders that profited off creating this crisis, but actually directly stimulating industry by helping people actually buy the products that employ the people that in turn support whatever work *they* do.
The Bush administration transferred a huge budget surplus and equally-huge deficits to the corporations and rich, in the process of *making* this mess and leaving us with basically nothing but mess to show for it. You don't escape a depression by choosing *now* to start worrying about the long-term debts, if it means becoming another depressing factor on our economy, credit, and manufacturing infrastructure.
Incentives to let people start driving a more-efficient vehicle means we get to keep some means to actually start producing what it takes to start *cutting* the debt, and it also means both families and the nation as a whole can start doing something else with their money than maintain old vehicles that they can't afford to fuel.
It's certainly not belt-tightening to continue spending so much of our incomes on wasting gas and feeding no one but oil interests.
This is not money badly-spent. The same goes for incentives for more-efficient home appliances. Not only are jobs involved, money freed up, and energy costs' drag on the economy reduced, but it actually helps improve life for a lot of citizens. Which bailing out your Enrons really doesn't.
No, it's not a good situation Bush left us with. But that doesn't mean that 'Cause a Democrat's in office, now's the time to tighten things up, so we can sit here losing jobs and watching interest accrue on debts that aren't working for us.'