This was preposterous. Mind you, these were $10,000-$14,000-a-year jobs. I told one of the rocket scientists pushing this scheme how dumb I thought it truly was.
“Why don’t you just take half that money and give it to the 10 employees and hope they will invest in businesses of their own,” I asked. “You could put the other half back in the treasury.”
I never did get an intelligent response.
Creating government jobs is not the answer. You can just GIVE the money away and have the same results. Tax cuts for small businesses would have been a BETTER solution than more political pork and gravy.
I did notice something the other day that gave me some small amount of hope, however.
President Obama actually said he was in favor of slapping some taxes down on business that outsource jobs overseas to take advantage of free trade schemes. Of course, I would have even MORE hope had Obama went ahead and repealed NAFTA.
Other than that though, I see the new Prez making some of the same mistakes that Pres. George W. Bush made. To wit, with all these economic problems, we keep bailing out the people responsible for them.
No sooner had the banking guys come running for a handout — and got it, what happened next? The automobile executives came running for their handout, too. Throwing tax money at a problem is not the solution to anything.
President Obama’s “economic stimulus” is not an economic stimulus at all. It’s just more political pork. And you won’t solve the economic problems of the nation by creating more government jobs and bigger bureaucracy. Those things are fueled by taxes.
Taxes come from the working class, the working poor and those in the middle. The extremely wealthy don’t even pay taxes. Look at Sen. Edward M. “Ted” Kennedy’s tax returns for a golden textbook example. He paid less than one percent in inheritance taxes for his share of the families estimated $600 million fortune. If your parents leave you $2,000 in their will you will pay around 50 percent.
Creating more government jobs with taxpayer money is just as harebrained as those Kentucky politicians pretending it was going to cost $3 million to create 10 low paying jobs. I have no doubt the Kentucky project would have seen 76 percent of those funds siphoned off into the pockets of political crooks and I assure you, there are no political crooks on the face of the planet as successful as stealing public funds as the ones in Kentucky. They put political crooks in Illinois and West Virginia to shame and make them look like the pikers they are.
Recently, British Prime Minister Gordon Brown was on National Public Radio talking about how the current economic crisis is a GLOBAL crisis.
Of course nobody wants to talk about the why to that, but the why is “Free Trade” and “Globalism” where countries like the US, Germany, Great Britain and others lost or “outsourced” millions of good-paying jobs to third world countries.
The architects of this scheme assured everyone that “Free Trade” would be good for everybody and that those poor, third world countries where the jobs were going would be lifted up to a higher standard of living similar to our own.
One thing is for sure, blindly throwing money at a problem won’t make it go away.
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