tag:blogger.com,1999:blog-7893272060787897238.post7416335700395680067..comments2024-03-19T08:42:45.690-04:00Comments on The Delaware Libertarian: Brian Shields analyzes Wilmington micro-pork in the upcoming stimulus packageSteven H. Newtonhttp://www.blogger.com/profile/09097470960863103473noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7893272060787897238.post-50242907990107829622009-01-22T16:04:00.000-05:002009-01-22T16:04:00.000-05:00"And why isn't Tyler pleased that the city of Wilm..."And why isn't Tyler pleased that the city of Wilmington will finally fix sidewalks?"<BR/><BR/>LOL, G. City of Wilmington or federal taxpayers?<BR/><BR/>We're already (Wilmington taxpayers) paying for sidewalks, they're just not fixing them.<BR/><BR/>I don't think my federal taxes should bail their ass out any more than they wanted to have the legislature bail them out on the backs of homeowners already paying for, but not getting, this chater-mandated service.<BR/><BR/>Pigs at the trough can never get enough.Tyler Nixonhttps://www.blogger.com/profile/03009459340275592274noreply@blogger.comtag:blogger.com,1999:blog-7893272060787897238.post-81843778536267295272009-01-22T15:46:00.000-05:002009-01-22T15:46:00.000-05:00"...we'd have to spend $1,865 Trillion to get to t..."...we'd have to spend $1,865 Trillion to get to the 3 million new jobs we've been promised."<BR/><BR/>Now I see, it's trickle down economics for Democrats.<BR/><BR/>And why isn't Tyler pleased that the city of Wilmington will finally fix sidewalks?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7893272060787897238.post-18260224316955705872009-01-22T15:41:00.000-05:002009-01-22T15:41:00.000-05:00The connection to the war is far from obvious. So...The connection to the war is far from obvious. Some economists (but not all, of course) think that the Depression was basically over about 3 months before Pearl Harbor.<BR/><BR/>The danger of attributing things like this to historical events is that it's hard to know which ones to pick. For example, wouldn't it be just as valid to say that the Depression ended only after the Conservative Coalition gained enough power to overturn a large number of FDR's Keynesian legislation?<BR/><BR/>Also, regarding the ripple effect of new jobs, we must remember Bastiat. If the government weren't creating those pork jobs, it would have borrowed less, leaving more in the hands of the borrowers (which, since we were borrowing in dollars, could be foreign nationals without changing the rest of this argument since they'd still have to spend it here for it to be anything other than a slip of paper), which would lead those borrowers to use the money in some other way, and create exactly the same effect as the job-creation program. In fact, it'd probably create a slightly stronger effect since there wouldn't be a loss from the market distortions created by the government policy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7893272060787897238.post-40955490541773122232009-01-22T14:46:00.000-05:002009-01-22T14:46:00.000-05:00"A little fact that Paul Krugman always convenient..."A little fact that Paul Krugman always conveniently leaves out of his calculations...."<BR/><BR/>Well it's a bit hard to bring the man even up to the 1950's in his thinking, when he is so terribly stuck in the 30's.<BR/><BR/>It strikes me as though revisionists like Krugman conflate FDR's relative success in stabilizing the bank situation, immediately when he took office, into a myth of long-term success for his (totally separate) national works program and centralized economic interventionism that followed through the rest of the 30's. FDR calmed everyone, but they continued suffering - save the make-workees, in the short term.<BR/><BR/>Krugman's brain is stuck on 1933, slobbering over how our latter-day version of shoring up the banking system might similarly portend a (much more massive) attempt to takeover our national economy.<BR/><BR/>Maybe he sees WWIII right around the corner, so we can fully relive his antiquated fantasies about bringing socialism to American, 1930's style.Tyler Nixonhttps://www.blogger.com/profile/03009459340275592274noreply@blogger.comtag:blogger.com,1999:blog-7893272060787897238.post-63030437770065448372009-01-22T14:36:00.000-05:002009-01-22T14:36:00.000-05:00The other issue is these one off contractor jobs w...The other issue is these one off contractor jobs will have to be performed at prevailing wage, meaning you get the same work done and for only 1.5x more than need be spent.Anonymousnoreply@blogger.com