Friday, January 23, 2009

Obamanomics: Unicorns, rainbows and wasteful neo-Keynesian nonsense

But mostly wasteful neo-Kenynesian nonsense! While Obama and his lapdogs promote their "stimulus" plan in terms of "needed investment in our nation's infrastructure," in fact only 3% goes to roads and bridges:
The recent proposal distributed by congressional Democrats will provide only an additional $15 billion in 2009 and 2010 for road construction and repair. And of that $30 billion total provided, some funds are earmarked for narrow uses such as technology training or construction of roads on Indian reservations and in national parks.
According to those calculations, that’s just a little more than 3 percent meant to be spent on actual road and bridge construction.
Sen. Jeff Sessions is taking the lead in pointing out the media-generated myth that the stimulus will be used to fix "crumbling" roads and bridges. And let's face it: Robert Reich is right -- Democrats don't want to spend taxpayer money to create jobs for a bunch of blue-collar honky construction workers. Via Newsbusters, here's video of how media idiots are hyping the "crumbling infrastructure" meme:


What's really in the Democrats' "stimulus" bill?
In a conference call on Jan. 23, House Minority Whip Rep. Eric Cantor and [Texas Rep. Jeb] Hensarling pointed out some of the more egregious spending provisions in the House Democrat proposal:
  • For every dollar that is spent for small business tax relief, $4 are being spent for the maintenance and new grass in Washington, D.C.
  • $360 million for sexually transmitted disease education
  • $50 million for the National Endowment of Arts
  • $726 million for an afterschool snack program
  • Office furniture for the public health service
  • More money for Amtrak
"How any of this fits under the banner of economic stimulus is beyond me," Hensarling said. "I think it would prove to be beyond the American people as well."
STD education? Amtrak? Whiskey Tango Foxtrot? Welcome to the neo-Keynesian universe, where every penny of government spending is coated with economic pixie dust that magically creates jobs. I'd like to hear Paul Krugman try to explain how it makes sense to throw borrowed money at a notorious ripoff like Amtrak.

And for the love of God: More money for the National Endowment for the Arts? What? To give grants to unemployed street mimes? I've got a better idea: Send the mimes to perform for detainees at Guantanamo Bay.

They think waterboarding is torture . . .
UPDATE: Linked at Caffeinated Thoughts.

3 comments:

  1. Melissa Harris-Lacewell in the video clip:

    "The government is better than private industry or individual household in moving us out of such a big hole."

    Why not have them make cloth napkins..(sup plot from the Steven King Book, Eyes of the Dragon)

    put people to work that way..

    useless B****

    ReplyDelete
  2. Looking at what "He and They" are saying just 3%- 5% for roads and bridges. I don't know the figures for the "rest" of the infrastructure" jobs,but these jobs will only be TEMPORARY for most of the workers as with roads the jobs like that road will keep getting farther from home til the job itself will be gone for another worker in the next town down that road!

    This is a lot of money for "millions" of workers who will only get a temporary job out of the whole mess!

    Then there are those jobs for the "smarter" (PLEASE don't think I'm saying road workers are dumber than construction workers it's the type of work, ok) segment of unemployed working in remodeling buildings and structures with this "green technology" remodeling (solar and other types of green energy)He's talking about. How long will those jobs last? HMMM? Yep till King BO's out of office and the unemployment rate hits the next person who wants to be president! (I STILL question the sanity of people who want to have that job)!

    Try this, give me $300,000 so I can pay off my house and debts and go to a tech school so I can learn a new job as at my age and unemployed after loosing my job I'll be helping the economy, keeping the house my kids were raised in and still have a place to live, I can drop this embarrassing unemployment and food stamp crap I'm pulling in and I won't have to start to work for Wal-Mart next Saturday at a paltry $7.45 an hour and that's not as much as what I'm making on unemployment! I could put a down payment on a truck and trailer and go back to work for myself and make that $200,000 and then King BO can tax the crap out of me to pay one of those "poor unmotivated" types who actually LIKE not working!

    Just patch the holes in the fences, kick the illegals out and there should be enough jobs to tide us over until these American companies bring the jobs back home where they should have been, er, STAYED in the first place.

    But what do I know? I'm just another white truck driver who is hanging on to religion, gun owner who doesn't need a whole lot of people to tell me where we need to fix things!

    ReplyDelete
  3. These people have read "Brave New World" and instead of recognizing the dystopian horror, think it's a blueprint.

    ReplyDelete