I have a thought experiment for you. Better yet, let's call it an investment game.
I offer you a chance to make an investment. Say I provide you good, strong figures from a reputable expert on the investment that says for every $1 you invest, you will get $2.50 in return.
Simply put: If I offered you an investment opportunity where you could make 150% return and you trusted a third-party expert who said as much, would you take the bet?
Would you?
I know I would.
If you make 10% return on a typical investment that's pretty good in this climate, but 150%?
Sounds too good to be true doesn't it?
Well, the Congressional Budget Office (CBO) estimates that for every $1 invested in stimulating the economy, the return will be $2.50 to the economy as a whole.
What I don't get is this: The CBO is non-partisan and has the resources to make this determination. In fact, they are legally obligated to tell the truth based on their best evidence.
With that being said, why is it that Republicans ignore such good investment advice by voting against the economic stimulus?
Maybe they're stuck in the same stupidity loop that got us into this mess in the first place. There's medication for those who continue to believe things contrary to reality; it's called Thorizine. A good dose of therapy couldn't hurt either--let's call it minority status.
If the economy doesn't improve in the next two years, I'll eat my words. I'll own up to being wrong, but until then, more of the same won't get us out of this mess.
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