Thursday, March 5, 2009

The Multiplier Effect

The Democrats think that government spending has a multiplier effect that helps the economy. I have heard people claim that paying someone to dig a hole and then fill it in is good for the economy because of the multiplier effect. I don’t agree because the government has to take money from someone and that someone will have less money to spend.

But for the sake of argument let’s just say they are right. Let’s say they are right about their belief that government spending on WW II brought us out of the Great Depression. If this is true I have idea. Let’s build some jet fighters. Let’s build tanks. Let’s build missile defense systems. Let’s build navy ships.

This will create thousands of jobs. It will drive up the demand for engineers and scientists. Technologies developed could be shared with the private sector. It would keep us safer. And just think of the multiplying effect.

But nooooo. Democrats won’t approve that spending, in spite of the fact that it is one of the few things the Federal government is constitutionally allowed to spend money on. The reason they won’t is because that wouldn’t help promote their real agenda which is to increase the federal government’s role in our lives.

1 comment:

  1. Great blog. Very insightful and right on the money!

    ReplyDelete