The Republican's Big Lies About Jobs (and Why Obama Must Repudiate Them)
Tuesday 22 March 2011
by: Robert Reich | Robert Reich's Blog | Op-Ed
And if all others accepted the lie which the party imposed – if all records told the same tale – then the lie passed into history and became the truth.
– George Orwell, 1984 (published in 1949)
House Majority Leader Eric Cantor was in town yesterday (specifically, at Stanford's Hoover Institute where he could surround himself with sympathetic Republicans) to tell this whopper: "Cutting the federal deficit will create jobs."
It's not true. Cutting the deficit will creates fewer jobs. Less government spending reduces overall demand. This is particularly worrisome when, as now, consumers and businesses are still holding back. Fewer government workers have paychecks to buy stuff from other Americans, some of whom in turn will lose their jobs without enough customers.
But truth doesn't seem to matter. Republicans figure if their big lies are repeated often enough, people will start to believe them.
Unless, that is, those big lies are repudiated – and big truths are told in their place.
(More here.)
by: Robert Reich | Robert Reich's Blog | Op-Ed
And if all others accepted the lie which the party imposed – if all records told the same tale – then the lie passed into history and became the truth.
– George Orwell, 1984 (published in 1949)
House Majority Leader Eric Cantor was in town yesterday (specifically, at Stanford's Hoover Institute where he could surround himself with sympathetic Republicans) to tell this whopper: "Cutting the federal deficit will create jobs."
It's not true. Cutting the deficit will creates fewer jobs. Less government spending reduces overall demand. This is particularly worrisome when, as now, consumers and businesses are still holding back. Fewer government workers have paychecks to buy stuff from other Americans, some of whom in turn will lose their jobs without enough customers.
But truth doesn't seem to matter. Republicans figure if their big lies are repeated often enough, people will start to believe them.
Unless, that is, those big lies are repudiated – and big truths are told in their place.
(More here.)
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1 Comments:
Perhaps the biggest fallacy of all is that the government can create jobs. Government cannot create jobs, it cannot create income, government can only transfer income and give the illusion of creating jobs. Government is not the answer to our problems and should not be looked upon as the source of demand. Individuals free from the shackles of an overly burdensome government and the private economy can and will create demand. “Set men free and watch them soar!” unknown
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