Government Spending Does Not Makes Jobs

It has become a mantra of the left and the Administration. It is discredited Keynes Economics. Yet it keeps getting 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 Greece and 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 happens to be an extremely useful political tool.

So supposedly intellectual 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.)