Posted by
RedHispanic on Thursday, January 31, 2008 1:10:18 PM
The idea that when the government spends money it helps the economy is a false idea.
CNN has a quote from Huckabee that shows
But Huckabee said investment in infrastructure instead of tax rebates would best stimulate the nation's economy.
"Infrastructure in this country has been neglected," he said. "I don't think there's a governor in this country that wouldn't tell you that you'll create more jobs and you'll build it with American workers, American concrete and American steel. That's stimulus."
It is proof of poor understanding of economic principles for someone to say that when the government spends more money, it stimulates the economy. Additionally, Huckabee throws in a "made in america" populist statement by saying "build it with American workers," when it fact, the hand of free market forces best determines how to most efficiently use scarce resources, including labor...therefore bringing the cost down.
At best, he is an ignorant on basic economics (VERY common in DC these days...even among Republicans). At worst, he will be a big spending, big government President. I can agree that a Pastor is called to do everything to help the community--and to lead his Church flock in this.
But a President that has a "I'm from the government and I'm here to help" philosophy is a menace to free society. His theology might be right, and his moral values might be strong, but these are like weapons in the hands of a blind man if his understanding of the constitutional role of the government is wrong.
P.S.
That's not to say that I am disagreeing that the American infrastructure may need some help... just don't tell me it would stimulate the economy.