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OPEDNEWS Fri, 18 Jan 2008
Psychologist Abraham Maslow had a saying, "When all you have is a hammer, everything is a nail."

For American economists and politicians, all they have are two things-- prime rate cuts and tax cuts-- so it seems. And oh yes, a horrendous, record setting economic disaster that many are already saying has set off recession, not to mention losses of of millions of homes by default and losses of tens of billions of dollars.

So how will a tax break plan help? How will rate cuts help?

The way the Dems, GOP and Bush are talking, using a general tax break, makes no sense.

A lot of people will buy imported crap or pay off credit cards.

One polls shows that 58% will use it to pay off debt, 25% will save it and 17% will spend it.

This is stupid and it won't work.

America was brought into a war based on bad information and analyis, biased assessment and oversimplification. This national neurological disorder seems to now be influencing our leaders approach to our economic crisis. We need leaders who understand and can work with nuance. It takes courage to insist one nuance when faced by media who want simple, simple simple. If America does not survive this series of national neurological meltdowns, and the odds are not great, the mainstream media will, when historical analysis is finally done, carry a large share of the blame, as well as a populace who let the media and their leaders get away with such immense failure to responsibly report and lead.

Bottom line-- there are no simple solutions for our problems. Attempting simple solutions will delay serious interventions that have a chance at succeeding.

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 Tuesday, 15 May 2012 07:35:09 UTC/GMT

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