Saturday, November 20, 2010

Beluga Anyone...?

People who actually earn money, who really work very hard for it, are usually more apt to appreciate its' value and are less inclined to sqaunder it.

On the other hand, people who are given that same money by virtue of inheritance, are less likely to value their largesse and are more likely to spend it, often on nonsense and whim.

In that light I would like to propose a bullet-proof way to reduce unemployment and decrease the deficit and national debt.

But there's a catch. We'll have to wait a generation.

The solution is right there before our very, tired, web/tv-coma-induced eyes.

All of the gabillions of dollars that have been earned over the past few decades have found their way into the pockets of a very small percentage of the population. Some say it's 1%. Others have a different number but the basic idea is that a precious few of us have most of the wealth.

Fine.

A lot of those people, whether they earned the money legitimately or by virtue of fraud (contradictory language there but rather eloquent...no? Virtue...Fraud...same thought, same sentence...but...whatever...) have children and those children are probably going to inherit the fortunes that their parents made.

Wonderful.

But here's the "save the country" catch part:

We will have to wait a few years until the kids have gotten their folks money and then we can sit back and watch the fun. Because you know that kids are very good at spending their parents money. They are professionals!

Yachts (a lot of good paying jobs in the boat-building sector), expensive cars ( a rejuvenation of the auto market), McMansions ( a surge in housing starts and an increase in high paid construction jobs), more designer clothes (ok...this one won't be as good for us Americans because the clothing will be made in third world countries like South Carolina and California) and furs (not only good for mink ranchers but also for gun and bullet manufacturers and camping supply companies, not to mention a resurgence of Hummer orders to ferry the new crop of hunters to the wilderness...or what will remain of it.)

So...extend the Bush Tax Cuts. Please! Give the wealthy all of the money.

Wait a few years. Make some popcorn and grab a chair (or a log if you've sold the chair, or a piece of ground if you've burned the log or just stand over there if the ground has been foreclosed...)

The party will just be getting started.

Beluga anyone...?

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