I think he over-estimated how many jobs still require shovels.
Didn’t expect all of that GOP obstruction either.
All we need now if DorkFarce to complete the steaming pile of delusions.
shh…dorkFarce is hiding their shovel…the one they use to shovel all that “junk” thrown at us.
But seriously, if government intervention were the answer, why did the Soviet Union Fail? Why is there mass starvation in North Korea? Face it, the facts show, FREEDOM is the only thing that stimulates an economy.
Nope, Mr. Nonliberal, spending stimulates an economy. If Freedom did it, we’d be golden, and we’re not. And when the people don’t have money, the government can do it. Always has, even under Republican government.
Shovel ready? Only thing Obamadinajad has delivered so far that fits “shovel ready” are his speeches.
My small (population wise) county saw several “shovel ready” projects funded last year, as did the counties around us. It brought in short-term jobs funded by government, but as usual, the “free market wonderfuller private sector” did squat to follow up and KEEP people employed. Interesting that yacht makers, huge RV makers, and several others HAVE tried to start businesses or build them based on what that “top 5%” might purchase— and they’ve all gone bankrupt over the last decade.
“Trickle down” only works at the urinalysis lab.
@Darkeforce, no it wasn’t mature, just dosing you with your own medicine..but I was less rancorous because I don’t know you. so, show me the “real facts” that show government intervention reduced the u rate? Do you study history? I"m not being mean, I’m just asking because never in history has government spending been a sustainable alternative to the Free market. Show me where it has worked. Do you study economics? Jobs go overseas for many reasons, one of which is because of something called Economies of Scale. The brain-cramp comes from trying to find a way to satisfy the American Worker, the American Regulatory system, and the American consumer in a way that gives us a competitive advantage. Take for example the computer you are using to type with; I bet it has a bunch of foreign parts, (but hopefully you got one that was designed in our country?) but if it where made entirely in the USA, how much would it cost? Seriously, would you be willing to spend $1,000 more for a made in USA computer when it was next to a multi-national computer that was way cheaper (and presumably, more affordable)?
@Arodney, and it is true that a government can spend to stimulate an economy, but only in the short-term and ONLY when it focuses its resources on ONE sector. The famous example is how WW2 ended the great depression; the government focused on ….the war effort. yes lots of people got rich, and yes lots of people got jobs…and once the war spending ended, there was enough “stimulation” to contribute to one of the largest expansions in the history of the world. What sector would you choose? What if the government said “we are going to spend 3 trillion on public works projects”? that might work, but instead the government said we are going to spend it on…everything and now has nothing to show for it.
It takes a while to explain trickle down or supply side economics, but stay tuned…maybe I’ll make that attempt soon.
WW2 did not end the Great Depression. The Great Depression ended after the war when: The Allies came home in a state of euphoria and optimism after winning a just war; a bubble of young men and women forming households, having babies, and requiring houses, furnishings, schools, hospitals, universities, etc., etc.; a building boom for productive infrastructure; cheap resources at home to supply the building boom; cheap domestic energy supplies; low debt relative to the value of domestic resources; a technology boom led considerably by America; a ready domestic and foreign market eager to buy American products; and a more functional non-partisan Congress.
The error in thinking is that you need a war to stimulate the economy, which is just not true. You need a knowledgeable population led by a functional government that provides stability in the economy, encourages and supports efficient allocation of resources, and long-run planning in a changing market and environment.