Weaponized Keynesianism


	Weaponized Keynesianism

masbury

6-24-2009 4:21 PM

141 views

tags:

frank, economy, f-22

masbury says:

GOP only believes deficit spending can create jobs when it goes toward airplanes that will never be used in combat

1 Comment |

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6-25-2009 3:31 AM

darkeforce

Well, since the GOP never pay attention to the poor or middle class, they only notice government funds at work when it's lining the pockets of their rich war profiteer buddies.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2233479e-6787-4005-a801-8bb3effcaa28/8515B345-A413-4E86-A3F0-BE8E658324BA/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://thinkprogress.org/2009/06/23/frank-f22-monopoly/" href="http://thinkprogress.org/2009/06/23/frank-f22-monopoly/" style="font-size: 11px;">thinkprogress.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thinkprogress.org/2009/06/23/frank-f22-monopoly/">over the objections of Defense Secretary Robert Gates and the Obama administration, the House Armed Services Committee <A href="http://thinkprogress.org/2009/06/17/democrats-f-22/">restored funding</A> for the basically useless F-22 fighter jet, in the process stripping funding for nuclear waste cleanup efforts. Last night, Rep. Barney Frank (D-MA) filed an amendment to restore the waste cleanup funds and <A href="http://www.motherjones.com/mojo/2009/06/barney-frank-moves-strip-funding-extra-f-22s">eliminate the money for the F-22</A>. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thinkprogress.org/2009/06/23/frank-f22-monopoly/"><STRONG>I am of course struck that so many of my colleagues who are so worried about the deficit apparently think the Pentagon is funded with Monopoly money that somehow doesn’t count.</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://thinkprogress.org/2009/06/23/frank-f22-monopoly/"><P>These arguments will come from the very people who denied that the economic recovery plan created any jobs. We have a very odd economic philosophy in Washington: <STRONG>It’s called weaponized Keynesianism. It is the view that the government does not create jobs when it funds the building of bridges or important research or retrains workers, but when it builds airplanes that are never going to be used in combat, that is of course economic salvation.</STRONG></P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/8515B345-A413-4E86-A3F0-BE8E658324BA/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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