The economy - moving in any direction - is driven by one thing - belief. If we "believe" things are going well, people hire and spend. When we "believe" it's weak, we stop spending. So... here's my idea. It's radical - but hey - I'm a maverick.
Use the billions to fund the GREATEST bullshit perception campaign in history. The government should stop the recovery plan to invest in low-impact infrastructure projets (roads et al) and just spend the money on bribes. Yes, bribes. Everyone needs to be lied to so they rapidly change their belief, and feel that everything has changed.
Pay the top analysts and economists to create fake reports. Bribe the largest corporations to publish fake earnings reports and create fake jobs that aren't needed. Pay off the news channels to report on all of the hot news that shows that the change is here. Present tense.
Sometimes, people just want to be told that it's already OK... not that it's going to be OK...but that it ALREADY is OK. We act in the present. So let's get this party started. In the long run, when people have jobs, home prices are up, and spending is surging... they won't feel so bad they were lied to.
There you go. My gift to the US. Your welcome.
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3 comments:
Great idea Davie! Let me start the marketing program by saying that I think you are great and I'm excited to call you my friend!
Peter
Um... Maybe you already had this figured out and I just missed it, but what you suggested is what we just did for the past 8 years...
I did... but the problem is that the last 8 years... we didn't BELIEVE it. Poor execution. I think Obama can pull it off. ;-) Of course I'm all for the stimulus program... I think it's what is needed to show the government taking a proactive step to jump-starting something. The rest is up to everyone!
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