Friday, October 30, 2009

New Jobs Announced At White House Are White Lies!

Of course this is a half-truth. It is the broken window fallacy (read "Economics in One Lesson" by Henry Hazlitt) writ large.

Sure; if hoodlums break windows the glazier has plenty of work but what about all the destruction of wealth. Instead of buying a new windshield Joe the Plumber (!) would have bought the tool that would have prevented the accident that caused him to lose his sight in one eye, etc!

These 640,329 jobs represent the destruction of wealth caused by the economic terrorists who have usurped our Constitutional Republic and is operating as an unConstitutional coup.

Their statistics are bogus at best and just a bunch of propaganda.

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