Sunday, September 19, 2010

300 economists agree: We really do need a second stimulus and infrastructure investment.


From the folks at Crooks and Liars.

300 economists agree: We really do need a second stimulus and infrastructure investment. But right-wingers just say No


Because there's nothing in it for them -- except a happier society and a happier society don't feed the bear.


hiho

11 comments:

sofa said...

"We really do need a second stimulus and infrastructure investment."

? Because the first worked so well ?

The same stupid people want to do more stupid. Let them take all their own money and pour it into the hole.
Oh wait- They want my money?!
Oh Hell No! Never again!

sofa said...

Socratic method: Why did it cost over $2million stimulus dollars per job in California?

Was the first stimulus a forced transfer of wealth (theft)?

Kevin Scheunemann said...

"Stimulus". verb.

- the act letting corrupt, incompetent, and partisan DC politicians spend our money. Advocates think these DC bureaucrats can spend our tax money more wisely than we can.

See also, "porkulous", "generational theft", and "tax slavery"

Mpeterson said...

I'd suggest you take a more careful look at where the money actually went. I suppose it would have been okay to lay off a million workers overnight, so long as you weren't one of them, eh? And to let the rest of the economy crash when the insurance component of the derivatives vaporized?

You must be independently wealthy?

Tom said...

Anybody that is not interested in a second stimulus is delirious. It is the only way to get people back to work again, plain and simple.

And for all you West Benders so concerned about spending, maybe you should think a little harder about a new multi-million dollar police station and million dollar pedestrian bridge. Just sayin'.

sofa said...

The datas is in. We know where the stimulus money went: Bureacrats, lawyers, theives, and a few special union members. And we know where it came from. Everybody else. Straight up theft at gun point.

There is no defending $2 million per job.

I am suggesting that $2 million would have more productive results if it was left out in the economy.

***

Who was laying off millions of workers overnight? Make them responsible. Not the rest of us.

Insurance of derivatives is hooey. I am not the guarantor- The guys making the big bucks will not accept responsibility for their ponzi scheme. Make them responsible. Not the rest of us.

That the ponzi scheme has senior politicians in it's pocket is disgusting. That they would steal from me and my children, at gun point, was bold. That they gave one another huge bonuses as they moved our money overseas was even bolder.

Vibrant economies make adjustments. More frequent small adjustments avoid big catastrophic events. Rewarding failure and doubling down on stupid only means a much MUCH larger disruption is imminent.

***

The stimulus is a forced transfer of wealth, a reward for failure, and avoidance of responsibility.

sofa said...

And you've dodged the Socratic method: Why did it cost over $2million stimulus dollars per job in California?

Was the first stimulus a forced transfer of wealth (theft)?

Since you won't answer, I will. YES.
The 'stimulus' was theft.

And I say: "STOP! THEIF!"

sofa said...

The only way to get people working- Is to get the government out of the way.

Mpeterson said...

Do you think the government should encourage monopolies?

sofa said...

Fed.gov is destroying businesses, especially small businesses.
It destroys farms.

The government is setting itself up as "The Monopoly" of absolute force.

Which is repugnant to the Constitution.

Kevin Scheunemann said...

sofa,

I agree with you. Fed. Government is destroying business. The new EPA "boiler" rule will kill 7500 paper industry jobs in WI alone. As many as 300,000 jobs nationwide.

Its not all job destruction from Obama.... Those that kiss Obama's posterior will get a "bailout".

So no matter how much progressives deny it, government is all about getting on Stalins's...I mean Obama's... good side. It could mean difference between life and death of your way of life.