re: On the obviousness of the Hunkydory benefits of stimulus spending

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Sadly, things were not so A-OK in Hunkydoria, as those residents, before an age of economic collaboration, scratched out the most menial and austere lives imaginable, when in disunion all had to fend for themselves.

At last one day came a man of great wisdom, whom for purposes of this story we shall call "Rex", who slew his naysayers and slanderers, armed only with the weapon of powerful vision.

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So this is a retelling of the Euro expansion into native America led by a euro visionary named REX?

Can't wait for the big learning moment.

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Rex

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Who do you think you are?

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I am what I am

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A worthless piece of shite that should try to dodge oncoming traffic in the Hampton Roads Bridge and Tunnel?

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I almost died once walking through the intersection at Airline and Siegen/Sherwood. It was a wipe-the-brow-with-a-forefinger "phew" experience.

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Was maggie with you

Here's how the story ends...

But because Rex didn't believe in spending money on the common defense, the people of the neighboring region of Venalville invaded Hunkdory, killed Rex, enslaved the people and stole the riches of Hunkydory. The End.

My money's on Venalville...industrious little frickers...

I've never seen it, but you sound very wise. Matter of time...

The budget balances. That's good.

If I worked as a clothing mfr, I would be totally pissed that the bums live as well as me while they are sitting at home talking to each other by beating on their free govt supplied obongo drums.

our story continued...

Having been lifted from their wormy subsistence by his previous guidance the Hunkydorians were presently even more inclined to listen.

"We are living, not prospering. We are participating but not enjoying. We are diligent, but not stimulated. I propose a change. We will apply the monetary lessons we've learned into a new paradigm of existence... one of color and song and imagery. A new round of stimulus! We will print 20,000 new bucks to fund a new class of workers... the artisan, entertainment, and service class. We will pay to be amused and pampered, and we will be happier for it."

Then, to his surprise, arose a clamor from the crowd.

"Brother Rex", came one bellow from a seeming mountain, "we don't know what those things are!"

"You're a handsome devil!", came yet another.

"With all due respect, sir", said one nerdy little guy in a decidedly softer manner, "if we increase our money supply by 25%, as you propose, don't we immediately diminish the value of a buck by 25%? Won't our prices inflate by 25% accordingly?"

"Yes, my fellow thinker", answered Rex in his customary amiable fashion, "but the effect is less painful than I think you think it to be".

to be continued...