When I heard about the plan for our government to give folks some money so they could spend it and help the economy, I had no illusions that the plan would make any sense or do much good.
I was right.
Giving people who have enough money, a small check will do essentially nothing. A small business tax break? Even less if it is untargeted, as this one appears to be.
If we want to help the economy and do the most good with $140 billion in borrowed money, give it to the folks from the middle of earners down. They'll spend it. Give it to a rich guy and what's he going to do with it? Save it? That's not helping. Put it in the stock market?... yeah right.
If you want to get money into the economy in a hurry, give it to folks who need to pay their heating bill, their doctor bill, their rent, their grocery bill.
Don't give it to people who are thinking about which Caribean Island to visit next.
Republicans repeatedly demonstrate that they are ethically unequipped to do anything except serve rich people, and our Democratic Congressional leadership repeatedly proves that they are ill equipped to do anything except let them and whine about it.
I'm talking about us, for having voted for those people.
And how does Krugman feel?