This Blog Has Moved!

My blog has moved. Check out my new blog at realfreemarket.org.



Your Ad Here

Friday, October 17, 2008

How to Fix the Economy

I've been hearing a lot of proposals circulated for fixing the economy. I'm surprised the following obvious solution is completely overlooked. This proposal is just as effective as all the things Congress is attempting to fix the economy.

Select a large American city at random. Evacuate it.

Instruct the US military to completely bomb the city, destroying everything.

Via deficit spending, the Federal government compensates everyone for the loss of property.

When the city is rebuilt, lots of jobs will be created! This will solve the economic crisis!

6 comments:

Thomas Blair said...

You know, this is just an example taken to its logical conclusion of the neo-Keynesian economic nitwittery that Paul Krugman has been spouting for the last 8 years. His post-9/11 recovery plan is one giant broken window fallacy.

Thanks for the laugh.

Anonymous said...

Don't pay taxes. You'll have thousands of dollars more to buy stuff with and you'll have a huge smile on your face knowing that $.60 of every dollar isn't going to those who refuse to work.

Dammit though the government decided that they would take money out of your paycheck as you work. As long as you work for someone else you can't refuse to pay your taxes.

No Gods Required said...

Careful with the sarcasm bud, they might take you seriously.

Anonymous said...

You deserve a nobel price for this short masterpiece. I mean if Krugman can get one for spouting his nonsense about the beneficial economic effect of disasters (natrual and otherwise) I don't see why you cant.

Thomas Blair said...

Anon,

He didn't win it for his big-ass broken window fallacy. He won "for his analysis of trade patterns and location of economic activity".

While I think he's a moron too, we at least need to make comments bounded by reality.

http://nobelprize.org/nobel_prizes/economics/laureates/2008/index.html

Anonymous said...

Well, it's already happening, with the war on poverty, war on drugs, war on terror, and war on breathing.

This Blog Has Moved!

My blog has moved. Check out my new blog at realfreemarket.org.