From Deseret News archives:
Throwing cash at everyone won't help much
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No, throw money at every American household and you won't solve the economic crisis. A few people would end up doing quite well, but many others would end up worse than they are now.
But that's also a good reason not to throw unearned money at people who have already run their mega-businesses into the ground.
Giving the same incompetent people more money to keep doing things the same way and expecting a different outcome — isn't that a definition of insanity?
It's no more insane than the idea that, rather than giving money to Americans, we should suck cash out of their homes and give it to some of the wealthiest Americans at the head of auto companies and unions.
Jay Evensen is editor of the Deseret News editorial page. E-mail: even@desnews.com. Visit his blog at www.deseretnews.com/blogs.
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Recent comments
Yes, finally an editorial that gets it right! I consider myself...
Jason Berntson | Nov. 24, 2008 at 7:08 a.m.
Amen! For years I considered myself a die-hard capitalist and...
RE: European | Nov. 23, 2008 at 7:29 p.m.
Oh goodness gracious. Now Europe gets dragged into the...
European | Nov. 23, 2008 at 6:24 p.m.
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