Mort baby, what were you thinking?
On this Bastille Day of all days, Mort Zuckerman had a piece printed in the Wall St. Journal that sounds way too much like real truth-telling:
The Economy is Even Worse Than You Think!
He starts with the fact that the length of time the average person is unemployed is now longer than it has ever been, since measurements began in 1945, and he goes on to chronicle a laundry list of bad economic news items that have received little notice from Obama’s cheerleaders in the press corps and the TV nightly news programs.
Unfortunately, Mort takes a very different lesson from all of these carefully researched facts than I do. Mort thinks we need “STIMULUS PACKAGE II – THE RETURN OF THE WISE AND NOBLE CONGRESS!”
Really. What planet is he living on? He thinks that now that Congress has had its fling with a wildly irresponsible stimulus plan, followed by an even more irresponsible Trillion Dollar Deficit budget, that the American people need to saddle our grandkids
and their children with an even bigger mountain of debt!
And I forgot – this time they’ll get it right and waste …. oops I mean spend… the next trillion dollars wisely on real infrastructure projects that will actually do some good for society. Really.
This is so similar to the global warming alarmists. When confronted with facts showing no global warming in the past 10 years, they just blow these facts off, or they try to twist science around to say that the absence of global warming proves that man-made global warming is a serious problem.
In Mort’s case, he’s saying the absence of any improvement in the economy, or proof that the stimulus package was effective, simply proves that we haven’t wasted …oops – spent – enough!
It’s time to “double-down” – and Las Vegas comparisons do apply. He would gamble away the lifeblood of future generations with such insanity. If an average Joe can see this, what’s wrong with Mort and the Wall St. Journal?
Tags: economy, Mort Zuckerman, national debt, package, Stimulus, Wall St. Journal
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July 18, 2009 at 6:18 pm
“This is so similar to the global warming alarmists. When confronted with facts showing no global warming in the past 10 years, they just blow these facts off, or they try to twist science around to say that the absence of global warming proves that man-made global warming is a serious problem.”
http://tinyurl.com/a4brln
“It’s time to “double-down” – and Las Vegas comparisons do apply. He would gamble away the lifeblood of future generations with such insanity. If an average Joe can see this, what’s wrong with Mort and the Wall St. Journal?”
Maybe Mort understands Keynesian economics, while the average Joe doesn’t.