Obamanomics: Print More Money!

On the first day of his two week economic tour, Barack Obama recommended lawmakers inject another $50 million of liquidity into the economy. Citing the recent rise in unemployment and rising prices for oil and other necessities, Obama claims the needed aid cannot wait until the next president takes office.

My question is, why stop at $50 million? Hell, why not just hand out money on every street corner? I wonder what it's like to play Monopoly with Obama - especially when he's winning. I wonder if he proposes that the banker distribute more cash to all players, you know, just to "stimulate" the game?

The net effect of another round of "stimulus" will only raise prices. An increase in the amount of money circulating in the economy can only increase prices, and its a shame politicians like Obama have yet to learn this basic economic fact.

Luckily for Obama and the other stimulus-backers, however, the price of one precious item is immune from inflation - votes. No doubt Obama's "proposal" will resonate well with the increasing number of poor and unemployed in this country.

In addition to winning over more votes, economic stimulus packages have another, more sinister effect on the voting population: it allows for politicians to shift the blame for a slumping economy from themselves to those "greedy capitalist pigs" who raise prices in order to garner their windfall profits.

Like all other political solutions to economic problems, this one is a ruse designed to win votes during an election cycle and shift blame from the real culprits. Anyone who is serious about solving our present economic mess should first work to curb inflation - and the best way to do that is to re-establish the gold standard.