Unknown
It's a slow day in the small town of Bumford, Indiana and the streets
are empty. Times are tough, everybody is in debt, and everybody is
living on credit.
A tourist 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 the night.
As
soon as he walks upstairs, the motel owner grabs the bill and runs next
door to pay his debt to the butcher. 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 prostitute 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 anything. At that moment the traveler comes down the stairs,
states that the rooms are not satisfactory, picks up the $100 bill and
leaves.
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 glee. And that, my friends, is how
a "government stimulus package" works!
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