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August 11, 2005
Abracadabra! New Jobs Out of a Hat!
"Highways just don't happen," [President George W.] Bush said. "People have got to show up and do the work to refit a highway or build a bridge, and they need new equipment to do so. So the bill I'm signing is going to help give hundreds of thousands of Americans good-paying jobs."
*SIGH* How many times can this same economic fallacy be repeated by politicians? How many so-called conservatives will agree with the president?
The government cannot create jobs. All it can do is transfer jobs from productive private-sector work to wasteful, inefficient, politically-directed public-sector work. After all, the only way the feds can get the $286.4 billion to fund these projects--6,471 of which are nothing but pork--is to take the money from us.
Fortunately, Bush has assured us that "the federal government is not raising gas taxes to pay for road projects." I feel so much better knowing that they're going to raise some other taxes or go further into debt, resulting in higher taxes down the road.
How long will conservatives continue to stand by this man and his party?
Posted by Mike Tennant at August 11, 2005 09:07 AM
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