Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
Bandersnatch 2024
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups


NoVaMoMe 2024: 06/08/2024
Arlington, VA
Registration Is Open!


Texas MoMe 2024: 10/18/2024-10/19/2024 Corsicana,TX
Contact Ben Had for info





















« Man of the People | Main | Obama: Pass the Spendulus, Or I Shall Blot the Sun From the Sky »
February 05, 2009

Chuck Schumer: Americans are "Overwhelmingly" for Stimulus
Americans: Yeah, We'd Like to Have a Word With You About That

They're so "overwhelmngly" in favor of it they're jamming Capitol Hill phone lines to say how awesome it is.

The number is (202) 224-3121 if you want to jam the lines further. You could dial them up directly, but their voicemails are full, too. So, as Instapundit says, find the number for their local office and call them there.


Thanks to CJ.

Oh: Does this mean that Republican Congressmen can, in fact, "just listen to Rush Limbaugh?"

Reid: I believe two Republican Senators of "good will" will vote for the spendulus.

On the other hand, not Jim Webb has jumped on the bandwagon-- softly -- and says he wants at least $100 billion excised from the spendulus.

Also at the Corner-- Martin Feldstein, who had previously been liberals' favorite conservative economist due to his announced support of some kind of stimulus, is no longer their favorite conservative economist. As he calls the spendulus an "$800 billion mistake."

You want stimulus? Increase the rate of procurement for the military, baby:

On the spending side, the stimulus package is full of well-intended items that, unfortunately, are not likely to do much for employment. Computerizing the medical records of every American over the next five years is desirable, but it is not a cost-effective way to create jobs. Has anyone gone through the (long) list of proposed appropriations and asked how many jobs each would create per dollar of increased national debt?

...

A large fraction of the stimulus proposal is devoted to infrastructure projects that will spend out very slowly, not with the speed needed to help the economy in 2009 and 2010. The Congressional Budget Office estimates that less than one-fifth of the $50 billion of proposed spending on energy and water would occur by the end of 2010.

If rapid spending on things that need to be done is a criterion of choice, the plan should include higher defense outlays, including replacing and repairing supplies and equipment, needed after five years of fighting. The military can increase its level of procurement very rapidly. Yet the proposed spending plan includes less than $5 billion for defense, only about one-half of 1 percent of the total package.

Infrastructure spending on domestic military bases can also proceed more rapidly than infrastructure spending in the civilian economy. And military procurement overwhelmingly involves American-made products. Since much of this military spending will have to be done eventually, it makes sense to do it now, when there is substantial excess capacity in the manufacturing sector. In addition, a temporary increase in military recruiting and training would reduce unemployment directly, create a more skilled civilian workforce and expand the military reserves.

Alas, Obama is ideologically committed against measures that would actually stimulate the economy.

Ed Morrissey made a similar point yesterday. In a lot of cases, spending on big-ticket military platforms like the F-22 is slowed down over a period of years to reduce per-year cost. However, that also increases the per-unit cost, as the factories are running just enough to keep them open at all.

If we're going to buy X number of F-22's over Y years anyway, why not just hasten that purchase so that we buy the same number in fewer years? Not only is it an actual timely in-the-now stimulus, but we're going to buy them anyway, and further, the actual price per plane will go down.

Plus, yeah-- as Feldstein notes, due to military rules and security concerns, almost every single part in a military tech buy is made here in America.







Recent Comments
San Franpsycho: "How is Syracuse an international airport? They ..."

Seems Legit: "279 Nobody likes to talk about how Hollywood works ..."

Joe Mannix (Not a cop!): "That is how many industries work. Not just Hollywo ..."

Lizzy: "Oh, forgot about the space Nazi settlement! And a ..."

redridinghood: "End Wokeness @EndWokeness Pikesville principal ..."

ShainS -- Blood-Bath-and-Beyond angel investor [/b][/i][/s][/u] : "NASA administrator has ‘no idea’ why C ..."

People's Hippo Voice: "The same people who were cheering people getting f ..."

Adirondack Patriot: "NASA administrator has ‘no idea’ why C ..."

Mr Aspirin Factory, red heifer owner: "Rochester, NY has a nice airport. I was surprised ..."

Bertram Cabot, Jr.: " [i]George Bush is a surprise Posted by: Mike Ty ..."

t-bird: "[i]Southwest Airlines to fire 2,000 employees and ..."

BurtTC: "Lets face it, Congress has a Speech and Debate Cla ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64