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Matthews: Everyone Knows Government Creates Jobs!

By Mark Finkelstein | August 07, 2011 | 07:59

Change font size:  A |  A

The solution to our raging unemployment rate is so simple, I'm kicking myself for not thinking of it before.   Luckily, Chris Matthews did.  The government simply needs to spend more money!  Because, as "everyone knows, as we studied in school," government spending creates jobs!

Matthews, just as wacky on the weekend Hardball as he is in his Mon.-Fri. version, went on a two-segment rant this morning, pleading for higher government spending on the theory that government can put people back to work across the country.

First Jim Cramer and then Bob Shrum were only too happy to agree.  The supposedly capitalist Cramer went so far as to suggest that government, and not small business, is the engine that drives the economy.

Matthews closed by claiming that the private sector isn't working to create jobs, and thus government must do so, darkly warning that otherwise "you're going to have an unstable society."

View video after the jump.



I'll be back with the transcript, but in the meantime, consider how lucky we are that government kept unemployment to no more than 8% by spending $1 trillion on the "stimulus" program.  Oh, wait.  

But never mind, just because that didn't work out so well, no reason not to try more of the same. Say, here's an idea: if like Chris says the government hiring half-a-million people in Philly is good, why not wipe out unemployment entirely by having the government hire . . . everybody!  Just look at what a smashing success that was . . . in the Soviet Union!

 

CHRIS MATTHEWS: Let's take it back from the theory to reality.  If we hear that the Philadelphia Navy Yard is going to re-open and hire 500,000 new people, everybody in South Philly would go crazy.  This is dynamite!  Small business would be booming --

JIM CRAMER: Sure.

MATTHEWS: --everybody, all the big market places, clothing stores, everything would be booming down there.  It's not going to happen.  But it would be job creation! If Boeing doubled its contract with Air Force planes, that would be great news in Seattle and some other areas where they're operating. In Houston, it's space. In the southwest of Virginia, it's Bobby Byrd!  Jack Murtha in Johnstown, Pennsylvania. Why do people have this disconnect?  They know that the government creates jobs.  Every time in our life, we know that WWII saved us economically.  All our experience locally and historically is the government creates jobs.  And then you hear Eric Cantor, with this new cant of his, this religious notion of some kind, that somehow this belief in small business means that government shouldn't do anything. Small business is the area of the economy that does best when government spends money. What's he talking about?

CRAMER: They're the companies that get started around the big projects that the government funds.  That's how it works! It's a feeder system.  Small business doesn't start first!

MATTHEWS: So why do they keep saying government spending is bad when we know we need to have somebody spend.  And the conservatives scare, the investors scare.  If government's got the nerve to do it, don't they have to do it. We studied this in school, we learn it from history --

CRAMER: Right.

MATTHEWS: We learn it from our parents talking about jobs re-opening in the neighborhood, defense contracts being let.  And yet the right wing has sold this ideology of do-nothing.
 

The irrational rant didn't stop there.  Matthews plowed on with Bob Shrum.
 

CHRIS MATTHEWS: My question again: everybody grew up knowing that when the government let a contract somewhere, for Boeing or anybody, or Budd Company--I grew up in Northeast Philly.  Every time they spent money there were jobs.  Jobs, and jobs around jobs. Why don't they do it?  Why don't they do it? . . . It seems like the profit sector isn't working, the profit motive isn't working to create jobs. The government better create jobs--or else you're going to have an unstable society.

2011-08-07MSNBCHBMatthews.JPG

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Mark Finkelstein is a NewsBusters Senior Contributor. Click here to follow Mark Finkelstein on Twitter.
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Comments

Mental pornography.

Submitted by Red Jeep on Sun, 08/07/2011 - 8:14am.

I couldn't watch the whole 2 minute clip. It was mental pornography with 2 people mentally masturbating each other.

One gives a false premise and the other agrees, urging the first on.

"When television is good, nothing — not the theater, not the magazines or newspapers — nothing is better. But when television is bad, nothing is worse. I invite each of you to sit down in front of your television set when your station goes on the air and stay there for a day without a book, without a magazine, without a newspaper, without a profit and loss sheet or a rating book to distract you. Keep your eyes glued to that set until the station signs off. I can assure you that what you will observe is a vast wasteland." Newton H. Minow, 1961.

Now all of television is a wasteland, especially its newscasts.

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Mr. Tingles

Submitted by agingcynic on Sun, 08/07/2011 - 12:50pm.

We in Boston have always said that Chris did for Holy Cross College what the "Boston Strangler" did for door-to-door salesmen.

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he is drunk

Submitted by no you cant on Sun, 08/07/2011 - 8:17am.

cant msnbc get someone who is not drunk as a skunk to replace this joker?

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MSNBC...

Submitted by tvhall on Sun, 08/07/2011 - 10:33am.

Is Tass is Pravda. They don't want anyone sane, then they would lose the .5 million wackos who watch them and still need to buy food et al.

People like Matthews and Shultz who can spin any event or item into something supporting big gov and the one, is the standard at MSNBC.

***************************************************************************************** T.V. I love my country, it's my government I don't trust.
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5 million? They wish.

Submitted by Red Jeep on Sun, 08/07/2011 - 11:03am.

Try a few hundred thousand on a rainy day.

New York City has more TVs than MSNBC has viewers.

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a Retard that is

Submitted by donabernathy on Sun, 08/07/2011 - 10:35am.

drunk as a skunk..... would be a vast intellectual improvement.

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If Government creates jobs....

Submitted by syvyn11 on Sun, 08/07/2011 - 8:19am.

THEN WHERE ARE THE JOBS MR. TINGLES!!!!!

WHERE ARE THE JOBS, MR. OBAMA!

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I know the solution! Give people more unemployment benefits!

Submitted by Red Jeep on Sun, 08/07/2011 - 8:31am.

"Now, let me say about unemployment insurance, we talk about it as a safety net and the rest. This is one of the biggest stimuluses to our economy. Economists will tell you this money is spent quickly. It injects demand into the economy, and is job creating. It creates jobs faster than almost any other initiative you can name because, again, it is money that is needed for families to survive, and it is spent. So it has a double benefit. It helps those who have lost their jobs, but it also is a job creator. And for that reason, for those two reasons, at least, it should be passed, and I am optimistic that it will." Nancy Pelosi 07-01-10.

Which came first the chicken or the egg? Who creates jobs primarily, the government or the private sector?

Why the government, of course! (sarcasm)

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Does unemployment money

Submitted by motherbelt on Sun, 08/07/2011 - 9:50am.

Does unemployment money really stimulate the economy?

When I think of the economy, I think of buying and selling. What do people spend most of their unemployment money on? Bills. Mortgage, electric bill, water bill, phone bill.

Yes, food and clothing too. But the mortgage and utilities have to be paid first. And it's certainly not being spent on vacations!

To me, saying that unemployment money stimulates is nonsense.

I could be wrong, tho; I'm not an economist.

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Yes, exactly right..

Submitted by Red Jeep on Sun, 08/07/2011 - 10:18am.

When someone is receiving unemployment they are buying essentials, that they would have bought when employed. So nothing is stimulative about unemployment compensation.

Economic stimulus comes when an employed person, making far more than what they would have received under unemployment, buys the extras, the "luxuries," the new car, the new computer etc.,and goes on vacation.

A person on unemployment buys less than a person who is employed.

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Pelosi-nomics work IF you ignore the source of funding

Submitted by Galvanic on Sun, 08/07/2011 - 12:18pm.

Her claims rely on an unlimited capacity to borrow money and inject it into the economy, but ignore the accumulation of national debt and the servicing of debt payments, as she has ignored them throughout her Washington career.

Pelosi will never acknowledge that we can't borrow our way to prosperity.

In her explanation that unemployment compensation is the best stimulus, she also stated that for every $1 in unemployment, $2 are created in the economy. It would be pointless to ask her to explain this monetary alchemy, because she lacks the intellectual agility to comprehend simple math.

If Pelosi-niomics worked, we could all quit our jobs (100% unemployment), receive $14 trillion from the Federal government, transmogrify it into $28 trillion, and pay off the national debt all at once.

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My Suggestion

Submitted by Wildcatter1980 on Sun, 08/07/2011 - 8:41am.

Close down PMSNBC and take all that money and give it to me so I can open my own business and create REAL jobs!

--

If you want to know what liberal secular progressives are really doing, just listen to what they are accusing others of.

Recommended reading: Liberal Fascism by Jonah Goldberg

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See that...libs ACTUALLY

Submitted by Barack Must Go on Sun, 08/07/2011 - 8:24am.

See that...libs ACTUALLY believe that, along with adding 50 million dregs of society to the health insurance rolls will make the overall cost go down, Obama doesn't hate ALL white folks..just the rich ones, Obama isn't a common criminal ( grifter ) who just happens to be living in our White House, MSNBC, NY Times, NPR aren't ALL a bunch of left wing zealots........and on and on and on.............as far as their cockeyed eyes can see.

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"an unstable society"

Submitted by Newsbubba on Sun, 08/07/2011 - 8:45am.

I'd say we have arrived there already judging from the hosts and guests on MSNBC and the other MSM.

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Cramer

Submitted by damianlewis719 on Sun, 08/07/2011 - 8:47am.

You should expect that from Matthews, but why would you ever take Cramer seriously again?

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Have to hand it to Cramer. He's brilliant!

Submitted by Newsbubba on Sun, 08/07/2011 - 9:05am.

I hear his ads where he tells gullible fools to subscribe to his "investment advice" or something like that, where he will tell them what to buy BEFORE he even buys it!

I'm betting that he has his staff placing the buy order as he speaks or Tweets the news to the dumb schlubs, who will then jump on line and buy the crap.  As they drive the price up, Cramer can sell!

You gotta hand it to him.  He's a genius!  Of course, when you consider the average IQ of the fools that subscribe to this scheme, he doesn't have to be too smart.

My stock tip for the week:  Buy SEIU!  It should skyrocket when the next stimulus is passed.

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The Private-Sector creates jobs

Submitted by ChrisNH on Sun, 08/07/2011 - 8:53am.

The private sector creates jobs, but isn't doing so now and won't do so until Obama is GONE. For all the saber-rattling, fist-pounding, and finger-wagging Obama has done to the private sector, of COURSE they will park money off to the sidelines and wait to hire once he's 'gone.' The penultimate 'FU' to Obama (and Liberalism) will come when things markedly improve as soon as the house falls on the Wicked Witch.

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And don't think for a moment

Submitted by killa37 on Sun, 08/07/2011 - 3:21pm.

And don't think for a moment that the REGIME isn't trying to cook up some way to penalize or tax or levy some of the billions that the private sector has on the sidelines that they don't want to use, because of Obama's policies. To Obama, this is unacceptable that they aren't out there trying to make him look good................AND keeping their money, to boot!!!

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Amazing Logic

Submitted by joejmz on Sun, 08/07/2011 - 8:55am.

So, employment is not at 100% because the government just hasn't created enough jobs? ... but the government needs money in the form of taxes to pay the salaries of the people it hires, and people who work pay income taxes, so if the government hired everyone and paid them great salaries then they could really raise the taxes so that they could pay the salaries, so they could get even more back in taxes, so they could pay even better salaries, so they could get even more back in taxes, so they could pay even better salaries, so they could....

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I've known for quite some time that Matthews was a hopeless fool

Submitted by virginia republican on Sun, 08/07/2011 - 9:05am.

However now, whatever very small amount of respect I had for Jim Cramer is gone.
In fact, I'm starting to lump CNBC in with MSNBC in terms of believing anything they report. They should have some Obama cheer leading uniforms designed for all their on-air employees. Perhaps add a dunce cap for Sharpton and Matthews. They're all a bunch of tools.

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Bring back the draft!!

Submitted by DontFeedTheTrolls on Sun, 08/07/2011 - 9:13am.

Defense spending creates jobs? Well, hell then, why not draft every single adult American and put them on the military payroll?

Americans keeping their own earnings is a Civil Right! Demand your Civil Rights!
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Not a bad idea...

Submitted by Red Jeep on Sun, 08/07/2011 - 10:19am.

...especially for the inner city youths of America. (I know, I am a racist...)

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"If Boeing doubled its

Submitted by kareling on Sun, 08/07/2011 - 9:19am.

"If Boeing doubled its contract with the Air Force". . .? IOW, Chrissy wants twice as many bombers and fighters as we have now? For what? "In Houston it's space" . . . ? Didn't I see something in the news recently about a final shuttle mission, no more going out into space?

But I liked how he mentioned the late Byrd and departed Murtha without specifying that they were both known for pork by the barrel.

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Exactly. The whole time I was

Submitted by ParalegalGoddess on Mon, 08/08/2011 - 9:50am.

Exactly. The whole time I was like "wait, aren't you libs always saying we need to cut defense spending" well, how the hell do you think Boeing gets that contract with the Air Force? answer that chrissy.

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Oh. My. God. I hardly know

Submitted by Reaver on Sun, 08/07/2011 - 9:47am.

Oh. My. God. I hardly know where to begin with Mathews’ latest rant. I know, Martin Bashir had an addiction expert on his show last week to psychoanalyze the tea party, maybe he should bring him back and take a look at Mathews. No matter that the last government stimulus failed he still insists that “everybody knows” the government creates jobs. Like an addict he’s begging for one more fix of his government spending drug, like an addict he can’t see that the drug is doing more harm than good, like an addict he doesn’t care that the last fix didn’t solve the problem and keeps insisting that the next fix will make everything better. And he has his enablers like Cramer egging him on “Yea dude, go for it!” Hey this is kinda fun, maybe you should have me on as your next addiction specialist Marty.

“If you don't read the newspaper, you are uninformed; if you do read the newspaper, you are misinformed." - Mark Twain
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S&P

Submitted by jpalm32 on Sun, 08/07/2011 - 9:48am.

Tea Party Vindication: S&P Says It Favors Spending Cuts Over Tax Hikes To Fix Credit Rating…

Extra: Look at Cramer's forcast and you'll see you would be a loser if you followed his advice

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Who was the Financial Host who schooled Ezra Klein?

Submitted by Texndoc on Sun, 08/07/2011 - 9:58am.

Was his name Santelli or something? The guy on CNBC who took that smarmy socialist punk to school of Friday morning saying "Money doesn't move around "unfairly"! (you stupid punk)". Had to believe that guy and this Cramer could be on the same line of business.

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That must have been one

Submitted by jessieH on Sun, 08/07/2011 - 10:05am.

That must have been one screwed up schooling Matthews had. The unions, the government, and all their programs, destroy jobs. Just look at G.M.. Thanks to a few liberals with loud voices and the EPA, the oil business has been shut down. Our moronic government has almost left us defensless to an attack. Add the fact that OPEC has an Iranian as it's head and it gets scary. They are forcing coal companies out of business. How do they expect to produce electricity? Knowing how stupid our government is, they probably think they can use electricity to produce electricity. So, Mr. Matthews, where are the jobs the government created? Only in one place-the government. Go back to school, moron.

                                                                                                                                                                    

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Is comrade Matthews that dumb?

Submitted by bknownst on Sun, 08/07/2011 - 10:07am.

The question is whether the propaganda wing of the Democommunist party really believe what the say or are they just doing what comrade President Oby tells them? Could they be stupid enough to not understand government jobs are paid for with the taxes confiscated from people with real jobs in the private sector. If you eliminate private sector jobs where does the tax money come from for the parasites who live off our taxes? The masses on welfare starve, the government employees have no income. Or would Oby give everyone money from his "stash"? If you look up the Darwin Awards it is obvious some people are too dumb to survive.

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How about having another trillion. . .

Submitted by rickbren on Sun, 08/07/2011 - 10:16am.

. . .dollar stimulus, but instead of wasting it on Barry's friends, give every TAXPAYER ten or fifty or a hundred thousand dollars to "invest." Oh, wait a minute, that would be a tax CUT. Gee, what was I thinking.

It's curious old tingle leg is advocating a double in the size of the Navy and Air Force. Wonder what his lib buddies think about that???

Repeal the Seventeenth Amendment.
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MATTHEWS: We learn it from

Submitted by motherbelt on Sun, 08/07/2011 - 10:22am.

MATTHEWS: We learn it from our parents talking about jobs re-opening in the neighborhood, defense contracts being let.  (emphasis mine)

But wait, Chris!!! 

The Military/Industrial Complex is a BAD thing!!

I was going to say it's a bad thing under Republican presidents, but apparently it also applies to Republican congresses.

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liars or delusional

Submitted by MidAmerica on Sun, 08/07/2011 - 10:23am.

 If George Bush was still President do you think these same people would be begging for more massive unpaid for government spending.  No! of course not.  They would be ripping Bush day and night for his reckless and budget busting spending.  How many times have we heard the Left explain that the sad state of economics we are in as a result of Bush's unfunded and unnecessary wars?  Bush should have called them jobs stimulus programs. 

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It's kinda hard to

Submitted by donabernathy on Sun, 08/07/2011 - 10:26am.

stand up and walk on 2 legs into a new century when ya got a sloped head and ya RELIGION IS GUBRMINT....huh Crissy.

roflmao

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Did Chris get his job on

Submitted by Vdip72 on Sun, 08/07/2011 - 10:37am.

Did Chris get his job on MSNBC from the government? I'm confused?????

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Tingles did get his job from

Submitted by Hunter12 on Sun, 08/07/2011 - 11:28am.

Tingles did get his job from government. He was one of those who walked out of a job working for a Democrat into the NBC news room.

 

"An appeaser is one who feeds a crocodile, hoping it will eat him last."  - Sir Winston Churchill

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yea.

Submitted by Tjexcite on Sun, 08/07/2011 - 1:15pm.

One of the loyal members of the ministry of public enlightenment and propaganda.

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Governemnt "Jobs"

Submitted by rickmac on Sun, 08/07/2011 - 11:50am.

The government does not create jobs. It creates work. Government borrows money to hire someone to do a task usually for political reasons. A private sector employer hires someone to do a task that will create wealth for the company. Since government is incapable of creating wealth, the whole premise that it creates jobs is ludicrous. That's why the Progressives can't understand why companies won't just start hiring. They don't understand the profit motive. Listening to Matthews spew, "It's time to sped money," is maddening. How does he think we got $16,000,000,000,000 in debt?

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i had a lib tell me the other

Submitted by ricklail on Sun, 08/07/2011 - 11:57am.

i had a lib tell me the other day that the government did create jobs because of defense contracts and such. I said when we refer to job creation it is done with private money not what was taken from me. Government contracts will dry up sooner or later. Just like all the jobs supposedly created by the stimulus that are going dry up, especially in road construction.

A well regulated militia being necessary to a free state, the right of the people to keep and bear arms shall not be infringed.
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Matthews applies Pelosi-nomics

Submitted by Galvanic on Sun, 08/07/2011 - 12:42pm.

CHRIS MATTHEWS: Let's take it back from the theory to reality. If we hear that the Philadelphia Navy Yard is going to re-open and hire 500,000 new people, everybody in South Philly would go crazy. This is dynamite! Small business would be booming --

OK.  So, we borrow more money from China to fund these 500,000 jobs.  The interest clock starts.

MATTHEWS: --everybody, all the big market places, clothing stores, everything would be booming down there. It's not going to happen. But it would be job creation!

Well, that Chinese loan will get passed around the local economy,  but ultimately, we have to give it plus accrued interest back to China.  Where do we get the money for servicing the debt?  Borrow more from China has been the answer.

MATTHEWS:   If Boeing doubled its contract with Air Force planes, that would be great news in Seattle and some other areas where they're operating. In Houston, it's space. In the southwest of Virginia, it's Bobby Byrd! Jack Murtha in Johnstown, Pennsylvania. Why do people have this disconnect? They know that the government creates jobs.

There's a simple answer to that:  The "creation" Matthews so enthusiastically describes amounts to a $14 trillion debt -- and rapidly climbing,  Washington now borrows 40% of the money is spends.  Any personal financial advisor would tell you that you can't sustain that.

MATTHEWS:   Every time in our life, we know that WWII saved us economically.

The only thing WW2 saved us from was the New Deal, which had flat-lined by 1938.  As FDR's own Treasury Secretary conceded at that time, the New Deal failed.

We came out of WW2 far less damaged than most of the major powers in the world, and thus ready to enjoy an economic boom selling products to a rebuilding world.

MATTHEWS:  All our experience locally and historically is the government creates jobs. And then you hear Eric Cantor, with this new cant of his, this religious notion of some kind, that somehow this belief in small business means that government shouldn't do anything. Small business is the area of the economy that does best when government spends money. What's he talking about?

If that were the case, then TARP and the Stimulus would've restored our economy.  They didn't.  Big banks and a few big corporations were saved, but small businesses were mostly ignored and are suffering, and they hire 605 of the work force. 

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FIFY

Submitted by Tjexcite on Sun, 08/07/2011 - 1:12pm.

CHRIS MATTHEWS: ... If we hear that the Gulf oil rigs are going to re-open ,drill and hire 500,000 new people, everybody in Gulf states would go crazy. This is dynamite! Small business would be booming -- in the trickle down economy.

TEA: Remove the thousands of new regulation that stopped it and it will happen.

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the problem is that govt isn't that wise in allocating capital

Submitted by OffTheLows on Sun, 08/07/2011 - 1:13pm.

yeah if we could greenlight needed infrastructure projects quickly then private firms would be contracted to build and they'd hire and those people hired would spend that money in their local communities, the project presumably would make commerce more efficient whether it be building or fixing roads, ports, water supply, etc. But then you run into a regulatory log jam and presidents joke about no shovel ready projects being out there. Environmental studies, unions, litigation, corruption by govt officials, pork projects, etc. and the money ends up not being efficiently allocated. That said, of the choices to spend govt money, infrastructure is the most beneficial over more and more govt revenue being spent on the least economically productive segment of our society.

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Jim Cramer: Works for an NBC brand.

Submitted by djwolf12 on Sun, 08/07/2011 - 1:18pm.

I trust him like I trust NBC. I don't trust NBC, therefore I don't trust Jim Cramer.

"Someday a real rain will come and wash all this scum off the streets". - Robert DeNiro, Taxi Driver (1976).
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NBC, Nothing But Crap

Submitted by Red Jeep on Sun, 08/07/2011 - 1:20pm.

"Lean Forward" - Here It comes - it won't hurt a bit.

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"Government creates jobs"

Submitted by Comrade Jim on Sun, 08/07/2011 - 1:40pm.

How does Mathews arrive at this? He focuses only on the jobs created via government projects and ignores the jobs that are lost by government removing money from the economy. Generally more jobs are lost than created. Why?

If government took $X out of the economy and spent $X with market efficiency on things that people wanted and would have done themselves then jobs created would approximately equal jobs destroyed. But government doesn't do that. It spends the $X politically (passes out money to Acorn, politicians, States, Unions,...), it is inefficient (losing it in the bureaucracy, politically connected companies,...), it is inattentive, loses control (cost overruns, theft,...)...

It doesn't matter whether gov gets the money by taxes or selling bonds. Taxes remove money which would otherwise be circulating productively in the mkt. If gov sells bonds, then bond buyers invest in gov bonds instead of the mkt.

The least destructive situation is when gov prints the money (QE) to buy gov debt (not spending in the economy). Then the bond sellers (to the gov) receive money to invest. That does give a short term stimulus. But inflation sets in and things return to the pre-QE state.

Bottom Line: Mathews argues that the Earth is flat by choosing to look at only 10 square miles of territory.

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Sorry obama piss boy, I went

Submitted by LAM SON 719 on Sun, 08/07/2011 - 3:14pm.

Sorry obama piss boy,
I went to school in USA not the USSR.

Non, je ne regrette rien. "You aren't angry because I might be a racist, you're angry because you know I'm right".
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gov't creates jobs

Submitted by GerryC on Sun, 08/07/2011 - 9:13pm.

Gov't can create jobs, but here is the cost..... Let's say BHO or Michelle needs a new driver for one of their gas guzzling vehicles, and the new driver earns $60,000 a year with all benefits included.

Since most people pay about $5,000 a year in federal income taxes, it would take 12 private sector new jobs to support this new "gov't" job. Wait!!!!!!!!!!!!!!! About 50% of Americans pay no taxes, or actually get "earned income credits".

That means, for every new "gov't job" we need to create roughly 24 private sector jobs to support it. I say 'thumbs up" to the new driver, but we need to think about the reality.

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I don't know what school you attended, Chris...

Submitted by CobraMan on Sun, 08/07/2011 - 10:36pm.

I don't know what school you attended, Chris, but I learned that Consumer Demand is what creates jobs. Government "spending" actually interferes with Consumer Demand, by creating artificial demand, demand that disappears as soon as the money runs out, and that always hurts job creation. Look at Post WWII America for a perfect example. Consumer demand, for things like housing, cars, washing machines, TV's, and the like, drove one of the biggest employment expansions this country has EVER experienced.

Not even the multibillion dollar Federal Highway Spending program created as many jobs as just the demand for TV's alone has in the last 50 years, never mind all of the ancillary industries that are needed to manufacture, sell, and distribute TV related "products," like antennas, shows, movies, VCR, DVD's, DVR's, and even commercials, all thanks to that consumer demand. How much did the various governments "spend" on the television industry? Other than the purchase price for the TV's they bought, NOTHING! Although they did make a lot of money on the taxes they collected from the manufacture, sales, and transportation of all those TV's and their related products, as well as the hundreds of regulations, paid for by "fees" of course, that they imposed upon that industry, didn't they?

The Citizens of each State shall be entitled to all Privileges and Immunities of Citizens in the several States. The US Constitution

Unless you're a fetus. The US Supreme Court

Or Anwar al-Awlaki.

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Epic Fail

Submitted by Cactus Kurt on Mon, 08/08/2011 - 12:47am.

Jim Cramer is a tout... nothing more. He can't pick his nose without his ex-wife's investment advice. Using Cramer's stock picks as a contrarian play (short position) is quite profitable. I can only hope that liberals are actually using Cramer's investment advice (like touting Bear Stearns the day before it went belly-up). Epic fail.

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Kramer

Submitted by bobbys on Mon, 08/08/2011 - 3:29am.

Kramer strayed off the reservation once and learned his lesson after a tongue lashing from Jerry{Jon Steward}. Do not expect him to be nothing more then a supporting cast member brought on to enhance the liberal "stars".He knows if he strays again they will kill off his character.

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Dear Mr. Tingles...

Submitted by Motormouth KOS on Mon, 08/08/2011 - 9:31am.

Have you been drinking again? 

Or do you actually believe that "the government creates jobs" because you were on the political flack/flunky/loser nipple for 25 years?

Is that thrill up your leg what happens when you see your social security disability check in the mailbox?

You know, that monthly payment you receive for being an incurable imbecile?

The Obamination... A crisis leading to a catastrophe..(please donate to MRC)

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