[vidbizz]

I was always under the impression that everytime gov’t hires someone, the public sector looses money.

[WOSG]

“I was always under the impression that everytime gov’t hires someone, the public sector looses money.”

Your impression is correct. the money the Govt spends is taken out of the pockets of taxpayers and so whatever investment the Govt makes is simply displacing private sector investment. And if the govt takes on debt, it also crowds out private sector debt.

So this is basically a scam in which nothing productive is accomplished but that since the impression is given that something is being done, it will have the intended political effect.

Note this - FDR LENGTHENED THE GREAT DEPRESSION:
http://travismonitor.blogspot.com/2008/11/fdr-lengthened-great-depression.html

Yet he got re-elected 3 times. Go figure.