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S2 7.9 Bear Lake, UT
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It is a slow day in the small Saskatchewan town of Pumphandle and
the streets are deserted?
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 hooker 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 and leaves.
No one produced anything. No one earned anything. However, the
whole town is now out of debt and looks to the future with a lot
more optimism.
And that, ladies and gentlemen, is how a Stimulus Package works
 

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Dirt Free
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2,654 Posts
It is a slow day in the small Saskatchewan town of Pumphandle and
the streets are deserted?
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 hooker 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 and leaves.
No one produced anything. No one earned anything. However, the
whole town is now out of debt and looks to the future with a lot
more optimism.
And that, ladies and gentlemen, is how a Stimulus Package works
Love this !
But .... Please, someone with more financial acumen than I, Tell me it's not true.
 

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Registered
S2 7.9 Bear Lake, UT
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2,316 Posts
Love this !
But .... Please, someone with more financial acumen than I, Tell me it's not true.
It's worse than that. In reality we all owe $200 and have groceries and rent due as well. In this story no one has any rent paid except for the prostitute.
 

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Senior Moment Member
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13,282 Posts
Love this !
But .... Please, someone with more financial acumen than I, Tell me it's not true.
You've heard the term about money being "in circulation"?
 
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Master Mariner
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8,225 Posts
Discussion Starter #46
"The only function of economic forecasting is to make astrology look respectable."
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Master Mariner
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8,225 Posts
Discussion Starter #49 (Edited)
Finally a self defence kit for a yacht.
 

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Tartan 37
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5,207 Posts
In these difficult times I sure would like the first thing I read on Sailnet to be something to make me laugh.
I know this isn't necessarily sailing related, but it would be nice to laugh at just one funny joke a day, here.

No discussions, comments or quibbles please, just one funny joke each morning. Take turns like gentlemen and ladies, please.
Thanks from an old seafarer who needs a laugh.
We need Alex back from Portugal... He was hilarious and great contributor to the forum.
 
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