It's a slow day in
the small town of Pumphandle and the streets are deserted. Times are tough,
everybody is in debt, and everybody is living on credit.
visiting the area drives through town, stops at the motel, and lays a $100
bill on the desk saying he wants to inspect the rooms upstairs to pick one for
As soon as he walks upstairs, the motel owner grabs the
bill and runs next door to pay his debt to the butcher.
this.....and pay attention)
The butcher takes
the $100 and runs down the street to retire his debt to the pig farmer.
The pig farmer takes the $100 and heads off to pay his bill to his
supplier, the Co-op.
The guy at the Co-op takes the $100 and runs to
pay his debt to the local prostitute, who has also been facing hard times and
has had to offer her "services" on credit.
The hooker rushes to the
hotel and pays off her room bill with the hotel Owner.
The hotel proprietor
then places the $100 back on the counter so the traveler will not suspect
At that moment the traveler comes down the stairs, states
that the rooms are not satisfactory, picks up the $100 bill andleaves.
No one produced
anything. No one earned anything. However, the whole town now thinks that they
are out of debt and there is a false atmosphere of optimism and
And that, my
friends, is how a "stimulus package" works!
Happy,Healthy, Prosperous New Year.