Morning Examiner: Quake exposes Keynesian fraud:
But what happens when the aliens don’t attack? Wouldn’t all that spending on anti-alien rays be wasted? Yes. But the Church of Keynsianism doesn’t care.
As long as government policy is driving up spending, it doesn’t matter what the government spends the money on or what else gets destroyed in the process.
This is the same thinking that drove the Obama Administration’s Cash for Clunkers program. Over 500,000 perfectly operational cars were destroyed in an effort to create more spending in the auto industry. But the program proved to be a miserable failure.
Studies have since shown that the the car-destroying program did not create any additional spending. It only shifted when that spending took place. But while Cash for Clunkers created no economic growth, it did make many low-income households worse off. With hundreds of thousands of used cars now off the market, used car prices shot up.
Now it is harder for millions of Americans to get where they need to go................................
Gunny G Favorites!
- AMERICA BACK TO ITS ROOTS? FIRST, DESTROY THE R PARTY!
- AMERICAN IMPERIALISM
- ARE COPS CONSTITUTIONAL? AS STANDING ARMY? RIGHT TO BE LEFT ALONE?, ETC.
- ARE POLICE OBLIGATED TO PROTECT CITIZENS?
- BING! (Pvt)
- BLOGGERS: THE NEW PAMPHLETEERS
- CHESTY PULLER...ON LOYALTY DOWN...
- CONSTITUTION: WRITINGS BY SEVERAL AUTHORS
- COWBOY NATION
- DR ED RIVERA, PROFESSOR OF LAW AND GOVERNMENT...
- GUNNY G SITES, ETC.
- INCOME TAX NOT NECESSARY
- KARL MARX, HORACE GREELEY, and JFK, Etc.
- NEW PAMPHLETEERS
- NO, OBAMA DID NOT DO IT ALL BY HIMSELF !!!!!
- NOW BLOG THIS! ~ GET YOUR OWN BLOG & START BLOGGING RIGHT NOW!
- OUR SECRET CONSTITUTION
- OUR TRUE HERITAGE and HISTORY: YET ANOTHER VIEW...
- PERENNIS: EUROPE'S PLAN TO SAVE THE SOUTH
- REAGAN ON CONSERVATISM and LIBERTARIANISM...
- REPUBLIC OR "GENUINE" DEMOCRACY: ANOTHER VALID VIEW !!!!!
- THE "R" PARTY: RED FROM THE START By: ALAN STANG
- THE MEN WHO DESTROYED THE CONSTITUTION ~ BY: THOMAS DILORENZO
- THE REAL RON PAUL
- THE REVOLUTION WILL NOT BE AMERICAN !
- UNDERSTANDING WHY THE CONSTITUTION WAS AND REMAINS A DETRIMENT TO INDIVIDUAL LIBERTY
- WHAT IS A NEOCON, PSEUDO-CON, AINO?
- What Is The FOURTH ESTATE or Fourth Branch of Government ?
- WHY THE CONSTITUTION HAD TO BE DESTROYED (TJD)
- why the gun is civilization
- WOODROW WILSON REVEALING SPEECH!