Government Spending Helps Provide Votes, But Not Jobs

  

     A mantra of the Administration is the discredited Keynes Economics theory. Yet it is repeated over and over.

                     

It does not work. It did not work during the Great Depression. It did not work for stimulus efforts and all other allied spending programs. It certainly did not work for other failed economies, present and in the past.

                     

But because the concept appeals to the lowest mentalities with no idea of the past, those who also vote, the lame mantra is an extremely useful political tool.

                                        

Thus,  politicians continue to pontificate the Keynesian spending mantra over and over, in an attempt to get reelected again and again. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)