Spending Our Way Out Of Recession
The U.S. government must spend its way out of the recession, the Democrats' third-ranking House leader stressed Monday.
Rep. James Clyburn (D-S.C.), the House majority whip, said that trying to find greater savings in the budget, which was released by President Barack Obama this morning, wouldn't help alleviate the recession.
"We've got to make some decisions here as to what's in the best interests of our country going forward," Clyburn said during an appearance on Fox News. "And I think the best interest is to invest in education, control these deficits, while at the same time trying to get people back to work."
I wonder, does anyone ever stop for a moment and think about the spending being the CAUSE of the recession? At least at this point in the game, we see that not much has improved thus far, yet we are still hearing clarion calls for more, more, more.
But that's not the half of the stupidity, as Clyburn further states:
1. We must spend on education. Great idea, we'll have the most educated unemployed workforce in the world.
2. We must control the deficits. Another great one Jimmy. Let's just keep spending more money and we'll be sure to get those deficits down. While we are at it, why don't increase the debt limit again, just to be sure we will have enough money to pay the lobbyists and contributors that have you on their payroll. GE is one of the top contributors.
3. At the same time, we must increase jobs. How's that working, Jimmy? We have 26,000,000 people out of work right now, that's close to 18%. I know that the unemployment rolls are showing 10%, but 8% have lost their unemployment compensation and have stopped looking for credible employment. You can't say they don't exist.
Bottom line here, James Clyburn (D-SC) is a fool. And so are those who think we can spend our way out of a recession with government money. This includes 2/3 of our legislative body.
He is but one of many, but he is one their mouthpieces. So let's celebrate the idiotic statements of the Current House Majority Whip, shall we?