Wednesday, February 18, 2009

I Don't Understand the Republicans.

They voted against the stimulus bill, calling it unnecssary spending.

In California, they won't help balance the budget.

Don't they get it?

Spending creates jobs!!!!!

If you spend $10 million to build (or repair) a bridge, that could potenially hire 100 people at 50K a year who will spend most of that at WalMart, Target, StopNShop, A&P, Ralphs, Home Depot, etc which will cause all of those stores to hire more people and their vendors to hire more people to manufacture their goods. Their's a multiplier effect of about 1.7 times the actual investment.

What do the Republicans think we should do?

Sink into a morrass of poverty?

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