Showing posts with label Odummer. Show all posts
Showing posts with label Odummer. Show all posts

Wednesday, December 17, 2008

Keynesian Economics Is Wrong: Bigger Government Is Not Stimulus




Failed President FDR proved this beyond a shadow of doubt.

Government make-work jobs always have the same ending, the unemployment line.

Monday, December 15, 2008

Make-Work


If all we want are jobs, we can create any number — for example, have people dig holes and then fill them up again, or perform other useless tasks. Work is sometimes its own reward. Mostly, however, it is the price we pay to get the things we want. Our real objective is not just jobs but productive jobs — jobs that will mean more goods and services to consume.” –Milton Friedman
Looks like The One is a little shallow in his thinking.

Borrowed from the Red Planet site. The folks over there have a way of drawing a picture that describes what people are thinking.