God’s Stimulus?

Contrary to Michele Bachmman’s belief that last week’s “Hurriquake” was a sign from God to curb federal government spending, it would seem that tens of billions of dollars will now be required to fix the widespread damage to infrastructure along the eastern seaboard caused by storm surges and flooding.

Who knows, perhaps this is the Almighty’s way of signalling that a job-creating stimulus program is required, as opposed to counterproductive “austerity” measures…

5 Comments

Filed under 2012 U.S. Election, U.S. Economy

5 responses to “God’s Stimulus?

  1. Thomas Jefferson

    signalling that a job-creating stimulus program is required,”

    Point to one ‘stimulus” program that has ever created jobs, without firing the workers when the taxpayers ‘stimulus” funds run dry.

    Bet you can’t.

  2. Point to one private-sector created job that lasts FOREVER. I bet you can’t…

    What a ridiculous canard that is.

  3. By the way, don’t you think that it would be better for unemployed (and underemployed) people to be put to productive, gainful work, rather than just collecting UI fruitlessly looking for employment in a “jobless recovery”?

  4. Thomas Jefferson

    “Point to one private-sector created job that lasts FOREVER”

    Nothing lasts forever, not even you.

    However “stimulus” jobs that last for 2 years cannot compare to the private sector jobs lasting as long as the company survives.

    You need to remember that there is no “government” without the private sector.

    There will always be a private sector, even when the US and Canada’s government collapses, which according to history is guaranteed to happen eventually.

    “people to be put to productive, gainful work, rather than just collecting EI fruitlessly looking for employment in a “jobless recovery”?

    EI has been proven to be disastrous for people.

    When you get free money, why look for a job.

    Communism is coming quick unless we fight it tooth and nail and to the death.

  5. First of all, EI is not “free money” — it’s a mandatory insurance program that’s paid into by employees. Sure, some people would rather take a ride on the system for a while after losing their jobs, but many others don’t, so to characterize the unemployed as deadbeats as you seem to be doing is pretty reprehensible.

    Second, this is not an issue of private vs. public sector, insofar as being a zero-sum game where one must trump the other, or where public spending on infrastructure, etc. has to come at the expense of the private sector. In fact, private contractors are almost always the conduit for putting people to work on various construction/retrofitting projects.

    Third, of course nothing lasts forever, which is why your premise about the relatively temporary nature of government-backed “stimulus” jobs is so flawed. Business failure statistics show almost half of new companies fail within the first three years and only a third survive after five years.

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