January 15, 2008

It's not Just the Price of Milk, Stupid - It's the Government

MSNBC news coverage on the Michigan primary is focused on the usual topic - the so-called one-state recession in Michigan. They focus on all the usual things: unemployment from the auto industry, health care, no pensions. But then, they say, there's the people who come out and vote because of the price of milk. An economic stimulus package will take care of that, they say. But they never tell the people why their money is worth less and why it buys fewer goods. They never mention that it was all the previous "stimulus" packages that juiced-up the Fed's money machine, fiddled with interest rates, and jacked-up inflation in the first place.

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