Stimulate me...again! (Again)

I hear Obama plans to keep up the Presidential tradition of pumping "our children's generation" for loans by spending it now.

I'm tired. Boy am I tired. I'm tired of hearing that the solution to our economic problems is for the government to stimulate encourage us to continue consumptionism and stop being frugal. I'm tired of hearing about individual fiscal responsibility when the entire national structure largely endorses fiscal ineptitude.
Everyone, even me, thinks Obama is a very, very intelligent man. But when are we going to stop this inane attitude where we just throw money at a problem? I used to laugh at Dave Ramsey, author of Total Money Makeover, when he advised the government to do nothing. "Let the credit market completely collapse," he argued, "it's the only way to stop America's addiction to credit." Most agree that letting the banks die would have killed the U.S. (and probably global) economy, and needed to be saved. But now I am really beginning to regret it. Is the solution to the U.S. credit crisis an increase in foreign credit? Do people honestly believe we'll ever pay off these loans?
Most of the $700 billion bailout package will be financed via loans from foreign lenders. If Obama has his way, we'll see another $500 billion in financial stimulus, plus $200 billion in tax losses, plus President Bush's $150 billion stimulus earlier this year. That's nearing $2 trillion in loans written by foreign nations to the United States. We (and by we, I mean me, not you old croaks that debted away my future) will have to pay all that back, plus interest. Is it really such a smart idea to mail off several trillion dollars in U.S. debt to foreign nations?
And when are we going to have a budget surplus...ever?

I'll tell you when, it'll happen in exactly infinity years.

The NBA basketball team in Washington D.C. is named the Washington Wizards. This is an apt title for a team from this area, because apparently the local people honestly believe that magic will occur. There is literally no way we will ever balance our budget or have a budget surplus in my lifetime, without the aid of conjurations or incantations. I swear to you as a man who grew up from day one seeing credit become the primary mode of trade in this country to the point that cashiers can't count change anymore; this nation has become a fiscal joke. If Obama really, truly, honestly believed that throwing more money at the country's credit issues would permanently solve our economic straits, then he and his advisors should resign immediately. There is no way that anyone with a shred of realism in their spine will acknowledge this is any more than a temporary band-aid placed on top of other ineffectual band-aids over a massive, hemorrhaging, infected wound.

The only solution, as I see it, is to amputate.

That said, if Obama wants to spend $500 billion on infrastructure...man oh man is it a great time to be an engineer! Bring on the massive -budget government projects!