Taiwan: Stupid Monetary Policy + "Voters Versus Taxpayers"

Taoyuan Nights has an interesting post. Do read! Blurb introduction:

Taiwan’s latest plan is to hand out free money to lots of people. That way, we won’t be in recession any more! Hurray!

Just one problem. It’s completely stupid and it doesn’t work.

Oh, my.

Ma had gotten himself elected partly because of his promises to revitalize Taiwan's economy. How's that going for ya, pal? I thought so.