But is a new federal public works program really that unsalable? Consider the experience of Perry County, Tenn., where the closing of an auto parts factory had increased unemployment to a staggering 27 percent this spring. Tennessee Gov. Phil Bredesen, a Democrat, decided to use federal stimulus funds to immediately subsidize hundreds of new jobs -- some public, some private -- which reduced the local unemployment rate five percentage points by June. "If I could have done a WPA out there," Bredesen told the New York Times' Michael Cooper in July, referring to the New Deal's largest job-creation program, "I would have done a WPA out there."
Tennessee is not, by most accounts, a sleeper cell of socialists, yet its reversion to New Deal economics has been met with approval from residents. It's too small, though, to do its own Work Projects Administration. Only the federal government can do that -- and it should.
Why should it? Because a politically-motivated governor used money legally plundered funds from a lot of people to artificially deflate the unemployment rate over the short-term for the benefit of a select few people who happen to have enormous control over said governor's political future?Yeah, that sounds like the kind of country the Founders had in mind.
No comments:
Post a Comment