The Democrat "stimulus" plan is turning out to be the largest pork laden vote buying scheme in human history as Jamie Dupree lists in gory detail.
It includes every wasteful congressional pet project imaginable and will do nothing more than create more government jobs and reduce the liberty and wealth of individual Americans. That these economic strategies have never worked in the past anywhere in the world doesn't matter to the left since their blind faith in The Church of Secular Government doesn't allow them to learn from history or common sense.
One of the High Priests of this religion is Paul Krugman, who calls himself an economist but is really a cheerleader for any policy that subjugates the economic decisions of individuals voluntary trading with one another for the enlightened micromanaging of a vast economy by the anointed.
Here's his latest moronic take on government vs. freedom:
"Next, write off anyone who asserts that it’s always better to cut taxes than to increase government spending because taxpayers, not bureaucrats, are the best judges of how to spend their money.
Here’s how to think about this argument: it implies that we should shut down the air traffic control system. After all, that system is paid for with fees on air tickets — and surely it would be better to let the flying public keep its money rather than hand it over to government bureaucrats. If that would mean lots of midair collisions, hey, stuff happens."
Beyond Krugman's breathtaking arrogance and condescension, his analogy is not only incoherent, but insane. Since when have tax cuts "shut down" the government? And who the hell is suggesting that we eliminate taxes all together as Krugman suggests in his inane analogy?
It's also an apples to oranges comparison. Actually, apples to basketballs. Fees for air traffic control directly benefit those that pay them. Krugman's magical government spending plan is like borrowing against future ticket fees and spending it on shrubs outside the train station. The next step will be to raise the fees to pay for the borrowing. That means less people will travel and airport jobs will be lost in order to employ landscapers.
Oh, and don't forget the cut of 30% or so that the government rakes off the top to administer this largess.
Krugman babbles on:
"The point is that nobody really believes that a dollar of tax cuts is always better than a dollar of public spending. Meanwhile, it’s clear that when it comes to economic stimulus, public spending provides much more bang for the buck than tax cuts...because a large fraction of any tax cut will simply be saved."
Yeah that's it Paulie. It's impossible for anyone to honestly believe in anything you don't agree with. We all know that government is far more efficient than the private sector that risks its own money and actually has to compete in the real world. What rock have you been living under?
Krugman also frets that individuals will choose to simply save their own money as if it's a bad thing. Where does this fool think the credit that has virtually stopped comes from? The more deposits and investments banks and corporations have the more they have to invest and lend. But Krugman thinks its more efficient to impose the government middleman who will choose where to invest our money taken by force and given to the politically favored, such as criminal organizations like ACORN. That's efficient?
Heres a video from The Center for Freedom and Prosperity that explains the folly of this nonsense in a way that even intellectuals and Paul Krugman can understand:
"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others." - Ayn Rand
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