No matter how much money you inject into the economy, you don’t create thousands of new construction employees overnight.

The most fun will be to see how many lawsuits the greenies file over the very projects Obama wants to get going.

In addition, unemployment is reported differently now than in the Depression. We don’t count people who are “discouraged workers” (pimps, prostitutes, criminals, welfare queens and liberals living in mommy’s basement…..nobody else can afford to be “discouraged”, since they would starve to death).

There are reports that on an apples-to-apples basis, current unemployment is 16-17% vs a regular 25% in the Great Depression. I can’t confirm that, but there is no doubt that the current unemployment % is greater than it would be if reported with the method from the 1930’s.

But there is a silver lining……Obamy says he will “create” 4 million new jobs building windmills and moving piles of dirt around by putting you in debt for a mere $10,000 per taxpayer. I would say “How generous of you!!!”, except that you will probably pay much more than that…..plus interest….plus whatever damage out-of-control inflation will cause.

It says the unemployement rate will end up the SAME with or without The Recovery Plan by 2014. Doesn’t this mean The Recovery Plan isn’t necessary?

It also suggests PeBo thinks a 2-point spread is worth $775 billion dollars. I’d like to be his bookie.

And since the package is politically driven, it will create mostly jobs that adhere to the Liberal vision. But if those jobs were useful, they would already have been created. Since they will not be useful, for the most part, the jobs will be make work.

If the money was put back into the economy through tax cuts, temporary or permanent, then businesses would create jobs that the country needs.

These packages, as John Stossel said yesterday, are the height of arrogance.

But Stossel is assuming the architects mean well. It is more likely that the architects know full well that what they are doing has marginal usefulness. What they care about is a) satisfying the Liberal base, b) increasing the size of government to increase their own power, and c) destroying the entrepreneurial class with a tax burden that can never be overcome (”deficits in the trillions for years”), which in-turn insures that the 2-class society will be permanent, with them as the ruling class.

Where is the rest of this money going?…….”

Down a black hole somewhere…….probably in Northern Illinois!

The Kennedy’s are secure for another 50 years in their fiefdom.

So why do we need to spend this money we DO NOT have because they obviously realize the private sector creates jobs NOT the guvment!!!!!!!!

Nevertheless, this week we are seeing the first indications that European politicians are starting to comment on the exploding national debts in public. Mr. Obama is not there yet. It is time for our political leaders to start explaining us where they see the exit. There seems to be a thin line between the American Dream and self-deception.

I’ve read an interesting related article on Crunchreport.com.

There is a perfect test case for this nonsense, and it’s called the Great Depression.