The latest
political activity to be enshrined with an anniversary is the so-called
stimulus, the $800 billion monstrosity passed five years ago ostensibly to “put
America back to work.”
Not surprisingly, the New York Times has editorialized that any
criticism of the spending bill — at least any criticism which says “too much”
was spent — is a Republican “myth and falsehood.” Not only was the“Stimulus” a
legitimate piece of legislation, sniffed the NYT, but it also:
“prevented a second recession
that could have turned into a depression. It created or saved an average of 1.6
million jobs a year for four years. (Where are the jobs, Mr. Boehner.) It
raised the nation’s economic output by 2 to 3 percent from 2009 to 2011. It
prevented a significant increase in poverty —without it, 5.3 million additional
people would have become poor in 2010.”
Like all examples
of the Broken Window Fallacy, the spirited defense of this spending bill is
based upon “accounting” methods that count the people hired through “stimulus”
spending as “new jobs” but fail to note how others might have lost their own
means of employment. Now, this was a bill that, among other things, had workers
rolling sod into the grass median of I-68 (which is near my home) in an area
where runoff collected from tons of salt thrown onto roads by state highway
crews (our area receives a lot of snowfall). Not surprisingly, within a year,
all of the new grass was dead.
I liken the
“stimulus” to throwing a bit of lighter fluid onto a pile of soaking wet wood.
The flames pop up for a few seconds, but then disappear as the effects from the
fluid go away. (No, repeated douses of “stimulus” fluid do not ultimately gain
traction and then lead to a miraculous economic recovery.).....To Read More......
My Take – It has been my observation that
every plan the left promotes - whether
it’s economic plans or environmental policy and regulations - the foundation
for everything they promote is based on emotion and speculation. When it fails it isn’t the plan that fails– it’s
the failure of those who oppose the plan, or those who failed to see the
greatness of the plan, or some external event they hadn’t foreseen or could
control, but it’s never the planners fault because the ‘plan’ is perfect, all
else is flawed!
Just because history and reality confirm
the plan is so seriously flawed it can’t possibly work, the plan is based on
the thinking of these brilliant central planners – who never held a real job,
never stated a company, never fixed a bad company, never met a payroll, never
created jobs with their own money, who went from college into government – the plan
can’t be wrong. So what’s the
solution? Make the plan bigger! A true formula for disaster.
By the way – does any of this sound
familiar? Try comparing the Soviet Union’s
failed five year plans, especially their five year plans for agriculture which
Dennis Trofim Lysenko pretty much controlled with his idiotic thinking
regarding biology. And his thinking was
promulgated on the thinking of Iosif Vissarionovich Dzhugashvili, AKA, Joseph
Stalin - and biology became politics and vice versa. And this “plan” mentality stretches down into
modern times, especially in the universities where government grant money has
turned the term “scientific integrity” into an oxymoron. Modern science is the step child of Trofim Denisovich Lysenko and Joe Stalin, one of the great mass murderers of the 20th century. But according to the NYT of that time no one starved to death in the Soviet Union, and if they did it wasn't Stalin's fault. Nothing has changed at the NYT, but you do have to wonder how these people sleep at night - unless of course they're all insane!
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