Posted on 12/26/2008 6:37:58 AM PST by guyshomenet
Like an aging porn star, Obama’s infrastructure-focused economic stimulus scheme fails to rise to the occasion.
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Obama seeks to impassion the economy by (re)building infrastructure such as parkways to patrons, bridges to backers and damns to donors. It is Obama’s reliance on specific political cells in the American economic ecosystem that will doom the States to a prolonged recession while reinforcing Obama’s infrastructure — his political base — for the next two campaign cycles.
Three vectors sweetly summarize people who collectively comprise the economy including all those Obama purposefully leaves behind. First, people are spread across geography from coast to coast and border to border ... Big cities backed Obama and now rural taxpayer-financed infrastructure projects will back big cities. Think of this program as both a payoff and a down payment to his core voters. People in small towns, rural regions and even the suburb-bound middle class don’t get their money shot.
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Envision the economic cube above with only a dozen cells lit. That is Obama’s economic vision, one that leaves nearly everyone in an economic drainage ditch. Big city unionized workers and their bosses however will do quite well and have excess campaign donations come 2010 and 2012.
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But during the campaign Obama said his mission was to make “government cool again” (which it never was). Relying on the people to keep and make the best use of their own money cuts government out of the equation.
(Excerpt) Read more at guysmith.org ...
Government is all about 'force'. That's why it needs to be small. A phrase such as 'government intrusion' is actually redundant.
This nails it. He has many to payback and his social engineering will “benefit” those. All this to secure his second term. And, sadly, the American electorate will give him that second term.
Plus, when was government ever cool? 1789?
Exactly. I was reading something from Mises a couple of weeks ago- something like ‘government is the only societal institution to which we grant a monopoly on the use of force.’
Most people never think about it in those terms. especially if they’re getting a government check.
‘aging porn star’ lol
FDR made the same mistake and WORSENED the Depression. Washington never learns
If there were more than one, then it would not be a monopoly. However, Von Mises point is well taken. THAT is exactly why the Founding Fathers gave us the 2nd Amendment - to counterbalance the power of the Fed.gov .
For Hussein to get any locally designed and on the shelf ready to bid infrastructure projects to construction a la stimulus funding, he will have to waive NEPA regulations/procedures. Lots of luck with the greenie weenies!!
From my 36 years being a Civil Engineer in the business,most construction projects funded by the Feds take 3-4 years to navigate through the envir-nut bureaucracy. Additionally Infrastructure spending has never been popular with politicians because bridges and roads are less reliable democRAT voters than welfare check recipients!
I think that all this infrastructure spending is like everything else coming out of Washington, DC just so much BS.
This could be compared to Mussolini’s contribution to society. “The trains ran on time”.
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