It is the month of August, on the shores of the Black Sea. It is raining, and the little town of Bombasticus 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, the Ritzski, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to pick one.

  • Pierreski, The hotel proprietor quickly takes the 100 Euro note and runs to pay his debt to Thumbless Joe the butcher
  • Thumbless Joe the Butcher takes the 100 Euro note, and runs to pay his debt to Porky the Pig Farmer.
  • Porky the Pig Farmer takes the 100 Euro note, and runs to pay his debt to Fred at the Pig Feed Store.
  • Fred at the Pig Feed Store takes the 100 Euro note and runs to pay his debt to the Irma, the town’s prostitute that, in these hard times, gave her “services” on credit.
  • Irma runs to the hotel, and gives the 100 Euro note to Pierreski 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.

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