Sunday, December 7, 2008

21st Century New Deal

Obama's new plan to revitalize the economy.

I appreciate his plan to measure the effectiveness of his plan, because that is essential. Part of effective measurement is to discontinue wasteful processes. However, governments are not known to do that, especially our own.

The government cannot create jobs. It is merely a redistribution. If people are working on new roads or whatever, that means they are not looking or working on a different job in the private sector, where they would be creating real value and not be being payed from tax dollars which were taken from individuals in the private sector in the first place.

Two questions:
1. How are we going to pay for this, especially in light of our massive debt, bailout, market unease? Watch this film I.O.U.S.A for some crazy information.
2. Why do we expect the president to fix all our problems?

1 comment:

Unknown said...

Taylor, why would people ask such inconvenient questions when even the governor of Illinois conspires to sell a recently vacated seat in the senate for personal gain?