http://bit.ly/6ERkzb - - - Given all the heat they’ve gotten for pulling numbers out of their ass to inflate the amount of jobs “created or saved” by our $787 billion handout to Democratic special interests, the logical thing to do would be to clean up their act and be more conservative with their estimates.
But as partisans of both sides would agree, logic doesn’t always help win elections. ... Makes sense. Why continue the sham of insisting that the stimulus is generating new jobs or protecting old ones? The bleaker the national unemployment picture looks, the more absurd that rhetoric sounds. Enter the new rhetoric: If you’re taking federal money, even if you’re not hiring or laying anyone off, you are ipso facto stimulated. Some examples from Pro Publica: ... If the “stimulus” standard’s that low, why don’t they start handing out vouchers to people on the street redeemable for goods and services at American businesses? An AP analysis published this morning and reviewed by five economists found that stimulus funds spent on infrastructure projects has had no effect — zippo — on local unemployment rates. Quote: “”There seems to me to be very little evidence that it’s making a difference.” Why not just abandon the dopey job metric entirely and focus on driving up demand? - - - Sigh. If a company did this, their executives would be in prison. Welcome to the "new era of responsibility"...! The federal government now makes Enron look honest. - Publius -- "It ought never to be forgotten, that a firm union of this country, under an efficient government, will probably be an increasing object of jealousy to more than one nation of Europe; and that enterprises to subvert it will sometimes originate in the intrigues of foreign powers, and will seldom fail to be patronized and abetted by some of them. Its preservation, therefore ought in no case that can be avoided, to be committed to the guardianship of any but those whose situation will uniformly beget an immediate interest in the faithful and vigilant performance of the trust." [Federalist Papers #59] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
