Faith-based financing

Posted on February 6, 2009 by Heather Mac Donald

I almost thought there must have been a typo in this Miami Herald headline–Obama thanks Crist for support of stimulus plan–since the stimulus proposal bears so uncanny a resemblance to God.  It is a projection of human needs and desires, based on the magical thinking that if it would be pleasant if something existed, it must therefore exist.  The idea that federal spending can spur consumption and investment in carefully calibrated ways—much less do so without stripping funding from entrepreneurial enterprises or crippling the country with added debt–is as much a creation of wishful thinking, devoid of empirical evidence, as the belief that we are overseen by a loving God who pays attention to our every thought and who offers us a heaven where we will live forever.

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5 Responses to Faith-based financing

  1. Spawn of Cthulhu says:
    February 6, 2009 at 8:07 am

    I voted for the man (Gov. Crist, not Obama).

  2. Bill Tingley says:
    February 6, 2009 at 9:12 am

    You’re confusing God with Santa Claus.

  3. Randall Flagg says:
    February 6, 2009 at 2:15 pm

    Unless you’re trying to become a TV pundit, you should probably stay away from the topic of economics.

  4. Scott Thompson says:
    February 7, 2009 at 8:02 am

    Methinks Randall Flagg breaks windows to stimulate the economy…

  5. Susan says:
    February 8, 2009 at 8:32 am

    The stimulus bill is just more evidence that Obama, like most people, engages in magical thinking.

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