You and 300 million other Americans have just been part of a laboratory experiement in Keynsian economics. The hypothesis was that keynsian pump-priming could stimulate the economy.

Borrow a trillion or two trillion dollars from China and the Middle East, spend the money on countless boondoggles and watch the economy rebound.

Oh, wait! The economy hasn’t rebounded much at all. Unemployment is stuck at 9.5 percent and that doesn’t include the over one million people who stopped looking for work over the past three months.

Well, at least Obama’s record on unemployment is better than the failed President George W Bush, right?

Um. Not really. The average unemployment rate during the 8 Clinton years was 5.17 percent. During George W Bush’s 8 years it was 5.31 percent. And during Obama’s time it has been 9.52 percent.

So, on the bright side we can say that we tried the Keynsian route to prosperity and it totally and completely failed. Now we tell all of those rational liberal Democrats out there that we need to look to alternative economic ideas.

Ah, but there are only about 3 rational liberal Democrats left, if that many, and they sure aren’t in Congress.

I don’t know if there is a place to vote for this to be the best campaign add of 2010 but please someone let me know if it exists. I am still laughing.

This is a good ad by Sean Mahoney. Although the bridge mentioned here is in Hillsborough which is Paul Hodes’ district NH -02. Shea Porter still voted for this disgrace when she voted for the stimulus package. She admitted on a morning radio show out of Manchester before the stimulus bill was passed she wasn’t familiar with everything in it.

If I had more time on my hands, I would love to tally the total amount of spending she voted for in her four years in Congress. I am sure it would be staggering.

Carol Shea Porter claimed in 2008 she was standing up for the bottom 99% of us. When you look at this bridge you ask ,99% of who. It sure isn’t the people off NH.

The Libs will tell you this kind of project is hunky-dory because it created jobs for the repair crew – who will now go and spend that money on stuff – thus cycling through, and stimulating, the economy.

Problem is – you can say the same thing for shoveling money out of helicopters.

And the fact is, shoveling money out of helicopters would actually be a better plan. It’s kind of like a tax cut – has much the same effect, except the recipients of the largesse are random, instead of the people who earned it.

Where the bridge thing goes awry is that it uses real resources – building materials and labor – which do not build anything that is, in turn, productive. (This is what the narrator points out when he talks about the opportunity cost of repairing this bridge – when other real, working bridges could have been repaired.)

So, all these activities end up with money in the hands of people who can then go spend it. But that’s the red herring, the fool behind the curtain. The focus of analysis has to be what is directly produced by the outlay of funds. The consequent consumer spending is good, but much more efficiently channeled when done by free enterprise, rather than politicians whose main agenda is re-election.

I’ve driven by this bridge hundreds of times and always assumed it was left from a time when 202 was relocated to one side and a new bridge built. But other than being picturesque, it’s worthless, not even historically significant. Truly a waste of money to refurbish this – but there’s plenty of blame to spread. Hodes & Shea-Porter didn’t ask for the expenditure – the dimwit lackeys in Concord did. NH has gone straight down the tubes under the tax & spend incompetence of John Lynch. As this example demonstrates, ALL of these “progressive” turkeys, regardless of the level of government, must be thrown into the streets if our nation is to survive.

http://www.unionleader.com/article.aspx?headline=GOP’s+Mahoney+lays+claim+to+’outsider’+label&articleId=ac9fdb2a-6732-4d08-b0f1-5492e8355562

“Mahoney said he favors the controversial Arizona crackdown law, but also said his policy is that illegal immigrants should be required to register, pay a fine, pay taxes and be required to “check in on a periodic basis.” While here, they should receive no government-funded services, such as Medicaid. States should decide whether they receive drivers licenses.”

To me it’s either Ashooh or Bestani and I think Ashooh is the best candidate when you look at his overall stance, especially since he favors a strong national defense where we change the rules of engagement to help our troops.

You can no longer avoid the work and the obligation – you are going to have to actively participate in your own economic emancipation or accept the reality that the liberal-progressive movement will enact a “benign dictatorship” that will provide a new form of economic feudalism upon us.

This is the actual history of democracies over the past 2,000 years.

Here’s a basic lesson in economics that is unavoidable and indisputable in its implications: if government spending was a real stimulus to the economy, then the results of government spending would be a reduction of dependency upon government. The reduction of dependency upon government would create the outcome of less government spending and a corresponding reduction of the size of government.

Clearly this hasn’t happened. It hasn’t happened because we finance the costs of government using taxation – government is stimulating us with the money it takes from us and it has to keep a part for itself. If we want to change the unavoidable outcome we have to restructure the way we pay for government using investment-income (Lovellian economics – google it) instead of taxation.

Why?

Taxation is a limited resource and investment-income is not (when undertaken using the equity investment method – again, if you want to learn about this look up Lovellian economics) and that is the key.

If you want a different outcome you have to change things. Doing things the same way is fine with the liberal-progressives because they win this game whether the economy recovers or not and whether we have a democracy or not.

You have to choose: do you want an end to our country and way of life or do you want to change things before the end comes?

Choose.