Letters to the Editor

This letter is associated with the following article:
Treasury Secretary Hank Paulson tells Wolf Blitzer the economic stimulus plan will result in half a million new jobs. It's about time.
  • politicized economics is all BS

    Any time a politician spouts one of these economic predictions, he's feeding us BS. He should be smacked down immediately, yet so much of the news media just passes along the message as though it had some meaning and as though the American people had no brains.

    Economists have no consensus on how these sorts of "stimulus" or "growth" packages work...their estimates vary all over the place. This allows each politician to choose whichever estimate makes his preferred policy seem like it was ordained by god. In reality, the politicians are doing what they do for purely political reasons (i.e. to benefit favored factions of the population)--these job creation predictions are just a smoke screen that they put up so that their thievery isn't so blatant.