Another Stimulus Analogy

Published:

Came in email, sums it up pretty well. 

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Another Stimulus Analogy

It is the month of June, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.

Suddenly, a rich tourist comes to town.

He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to pick one.

The hotel proprietor takes the 100 Euro note and runs to pay his debt to the
butcher.

The Butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.

The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier
of his feed and fuel.

The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt
to the town's prostitute that in these hard times, gave her "services" on credit.

The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.

The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.

At that moment, the rich tourist comes down after inspecting the rooms, and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town.

No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism..

And that, ladies and gentlemen, is how the United States Government is doing business today.

Entry #1,183

Comments

Avatar jarasan -
#1
Kaptainess put this one up the other day, but it is more of a slight of hand than analogy, or it could be just for fun.   The flaw is that it is a vertical economy and only they live in hotels, only eat pork, and have sex with prostitutes.....................oh! whoops! it is like the US Govt.

Actually it is borrowing for 5 minutes, and back to where they started, broke.

Thanks Konane.
Avatar konane -
#2
Thanks Jarasan!!! Missed Kaptainess' post ..... one of those dang senior moments again!!!

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