The concept is simple, pure Keynesian economics in action. Simply dump a lot of money into the economy and your pump is primed to produce a plethora of productivity. Well, at least conceptually that is the theory.
So, we declare an economic crisis. (See Emmanuel, Rahm, with regard to "don't let a good one go to waste.") Then we spend a trillion dollars we don't have on stuff we were doing very well without. That allows us to put up a lot of signs next to holes in the ground or torn up roads, saying "your grand-children's debt load at work".
The idea is that you fund all these projects with money you don't have and someone goes out and hires someone and buys them a shovel. Voila! A booming economy is created.
So, how is that working out? Here's a report, state-by-state:
Six Million Job Shortfall of Projections
That's right, boys and girls. Spend $800,000,000,000.00 and in the process have job losses in 49 out of 50 (or by Messiah-count, 57) states.
What to do? Well, this has worked out so well that as soon as they are done with screwing up healthcare and destroying industry with a Copenhagen treaty, we should be looking for another stimulus package to finish the job.
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