A Handy Excuse for More Government Spending
September 27th, 2007 by Peter SudermanThank goodness for James Pethokoukis at U.S. News. I didn’t watch the Democratic debate last night (this is what, debate number 2,389,233,902,390? And the candidates say, erm… almost nothing of substance each and every time?), but fortunately he did. He’s got a great list of economic oddities that resulted, but I particularly liked this one:
Thank goodness for global warming. Without it, Dems would seem to be hard pressed to come up with a strategy to grow the economy faster. This from Dennis Kucinich: “I’m talking about a new WPA, a Works Green Administration, creating technologies for a green Americaâ€â€we have to believe in economic growth. We should raise the ceiling.” (Here’s why climate change and massive government spending may not be an economic plus.) A skeptic might say that global warming provides a handy excuse for more government spending.
As our own Dick Armey testified in the Senate this week, green spending is not necessarily a gateway to new jobs and economic growth, no matter what the environmentalists and rent-seekers want you to think.