March 14, 2011

Any Comments on Japan, Pelosi? We're Waiting!

It's been three full days from the quake and all is quite in Camp Pelosi, either that or she is still looking for a new economics adviser.  Preferably one that had his education after the 1930's. 

After the comments about Haiti during last years quake, you can almost feel that it's coming. Just like the aftershocks, its just a matter of time.

But why not embrace the disaster like Pelosi suggests?  After all the quake in Haiti is expected to be a real boon to the construction industry down there.   Forget about the billions in damage, the immense loss of life, and total devastation to the infrastructure of virtually the entire country.   The construction industry is looking up.

The "Broken-Window" fallacy has been refuted so long ago and so many times over the years it is absolutely amazing that we still hear absolutely ignorant statements from one of the key drafters of the biggest economic bills in history.

Destruction of wealth and property and capital goods is great, right?  After all, how else did we get out of the Great Depression?   Or is Haiti going to rebuild?  Or Ford going to be able to sell Green cars if not for clunkers?

I am just waiting for Pelosi or Reid, or someone with absolutly no idea what rational thought is, to come up with another ludicrous statement saying that yeah, the earthquake was bad and the nuclear disaster was worse, but the concrete industry over there is going gangbusters, so in all not so bad.

Well, according to that logic, we should just destroy as much of everything we have just so we can spend money to rebuild it.   That would be Pelosi's ultimate stimulus plan.   If you traded in a clunkers for cash, you had the privileged of participating in the scheme.

The amazing thing to me is that Pelosi is completely and utterly incapable of seeing anything beyong step one in reasoning.  How is it then that she can put the cause of the disasters completely out of her mind while talking about the recovery of one industry in a suffering region?   Tens of thousands of lives mean nothing when compared to all the union concrete jobs that will be made due to these unfortunate circumstances.

And that's what matters.

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