The Lonesome Mongoose

Jim Hightower: Checks for $600 Won’t Fix Our Economy

March 28, 2008 · Leave a Comment

Jim Hightower, Alternet, March 28, 2008

Washington was excited. The media establishment applauded. Wall Street smiled. Somewhere, a bluebird of happiness chirped.

In a celebrated display of bipartisanship, both parties joined hands last month to pass a whopper of a stimulus package. Cash, they crowed, would soon be flowing. “We’re sending a $600 check to you, and $300 to you, and $1,200 to couples, and…well, almost everyone will get money! It’s manna straight from heaven to get our big ol’ economy high-ballin’ down Prosperity Highway,” they exulted.

“Not that there’s anything wrong with our economy,” they quickly added. “No, no,” said the self-congratulatory stimulators. “Everything’s fine. Really fine. Really.”

In his State of the Union peroration, Bush insisted, “Americans can be confident about our economic growth.” Treasury Secretary Henry Paulsen chimed in, “The U.S. economy is fundamentally strong.” Buckshot Cheney came out of his bunker to assert that America has a “solid platform” for continued economic growth. And Condi Rice assured world leaders that our economy is “resilient, its structure sound, and its long-term economic fundamentals are healthy.”

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