Florida's Stimulus Spending

Economics Economics Questions
1

Thirteen point three Billion ($13.3B) have been set aside for spending over the next three years as Florida’s stimulus funbding. I have examined http://www.FLARECOVERTY.com and have found not a penny being applied to capital formation projects. Jobs, jobs and more jobs seem to be the focus of the Governor’s mandate to his staff.. Also spend the money as quickly as possible! Infrastructure, education energy research, transportation. Make work projects such as these do not create a sustainable economy do they?

I learned from reading Lew Rockwell’s article and have embraced the simple truth in the following quote:

“Now think about this. If there is a way out of the recession,it will have to be provided by private enterprise.. It will comeby new businesses, business expansions, entrepreneurship,new technology, and this will be the source of lasting jobs and prosperity. You cannot make a country rich by looting taxpayers and paying people to pound nails into siding at public schools!

These activities amount to capital consumption. They are notsources of investment. You can say that they are stupid tasksor wonderful tasks, but it is not a matter of ideology asto whether such public projects will make us all wealthier.They will not. They drain the sources of wealth from society. They represent a cost, not a blessing”.

Why is it then, that the leaders are hell-bent on wasting resources that first of all, we do not have, and spending them, second of all, on make work projects projects that destroy, not create wealth?

I am not schooled in economics. Maybe the issue is a lot more complex that I realize. Please help me understand! My questions to you … How can we help make the public understand the damage that is being wrought upon our economy and haw can we get our leaders to change direction?

Now

2

Because that is what they do. Governments are not benevolent. They are cabals of crooks.

You have a lot of code mixed up in your post. If you write your post in another program, try notepad, not wordpad or microsoft word.

3

They need to present the illusion that they really care and are doing something for us so they can get reelected.

Corruption wouldn’t be too bad if the polytrixters would take a long term approach to it, but those darn elections come up every few years and the money is free to them so they gotta spend it somehow.