Miasmatic Review

Will the rebate work?

By now everyone has heard of the rebate that the government is going to be giving all of us. Does this move strike anyone else besides me as not just a bad idea, but also as kind of fishy? It’s almost like the government is trying to buy happiness from the public by throwing money at the huddled masses. Actually it’s more like they are trying to distract us like a laser pointer does a cat. I just can’t help to thing they are trying to soften us up for something horrible coming down the road, besides the election, or if they are trying to draw our attention away from something they don’t want us scrutinizing too much… like the upcoming election.

With that being said, really do any of you think this is a good idea? Do you really think this is going to solve our economic problems? Does throwing money at a faltering economy with rising inflation really solve the problem? Now of course I like the idea of getting some of my hard earned money back from an overspending government. I’m not going to lie and say I’m going to turn it down. I just don’t think this is going to have the effects they want.

Sure at first it will. People will use that money by impulse spending it away, kind of like our government. Then they will be back in the same boat. The ones that could use it to help get out of debt, probably won’t. Want to bet you’ll see a large jump in the HDTVs sales to the lower class by June? Especially since in 2008 High Definition is going to be the government mandated standard. (I’d go off on this, but it deserves a post of it’s own.) Either that or they will use the money to buy a Wii, Xbox or Playstation 3. To be honest I don’t know how they will use the money. I do know from first hand experience that most individuals in the lower cast tend to view this money as a windfall that they can blow instead of using to better their situation.

If they really wanted to help our economy they would bring it back to an industrial base instead of a service base. When our economy was the strongest we had a strong manufacturing backbone to our society. Most of the jobs worked in a field that the parent company actually made something. Today we are in a service base economy. Most of the jobs in the U.S. are now with companies that don’t make anything, but provide a service to get the items you want or services you need. The company I work for is a fortune 500 company and there is not one factory anywhere that we own. We sell a complete service for billions of dollars a year. That’s all we do. I can actually count on my fingers the number of friends I have that do work for a manufacturing base company. Two of them actually work for a company that all the manufacturing is done in other countries. Another two work for a company that has some manufacturing here in the States, but are owned overseas.

Because of this we are exporting our wealth to other countries. We are dependant on other countries making the items we need and want. If we can transfer it so that we are making more of our own products and not as dependant on foreign countries to do it, I think you would see a turn around in the economy.