America needs more hurricanes. Help keep “global warming” alive! These people are all on drugs.
Teh stupid is strong in this one.
OMG...these idiots....just like Pelosi saying FOOD STAMPS are good for the ECONOMY....
Since the gummint is paying for all this, it is a net zero for the economy.
One hand just taking from the other.
Very few people with a few notable exceptions like Rush Limbaugh, actually understand how a free market driven economy really operates. To the author of this article, a vast tsunami of insurance claims, shady contractors with armies of illegals, labor unions, and government handouts obtained through high taxes will “turn around” the economy. You’d have to be on crack to believe such an outlandish thing.
The Obama campaign will paraphrase Mitt Romney and say, “For love of country, break a window.”
They think obama may eventually be blamed for the hurricane. So, his worshippers can say it was a good thing.
Even true it would only help local unions as they drive others away!
Broken Window Fallacy headline, these folks are economic fools.
If you don’t know what I’m talking about, the following is required reading:
That Which is Seen, and That Which is Not Seen
by Frederic Bastiat, 1850
http://bastiat.org/en/twisatwins.html
Why wait for hurricanes? Why not knock down 10% of our commercial and residential structures every year? That would creasat millions of jobs. Bulldozers are much more predictable than the weather. /s
Raise your hand if you believe that loss is actually a plus!
Any demonrats here? I bet you dumba$$ demonrat lurkers got your hands in the air!
The broken window fallacy is strong with these two.
Walter Williams explained it best, but I can say this is pure B.S.
These reporters are such ignoramus economic idiots.
Any dollars spent on construction will be coming out of NOT buying other stuff which would have been bought otherwise.
If hurricanes improve the economy why not push for more “climate change”....yeah baby burn more fossil fuels! Such idiocy!!
There are only 4 events which improve economy:
1. Mining: includes extraction of minerals, fuels, etc.
2. Manufacturing: This event enhances value of raw materials into finished goods, creating additional wealth. Also includes power plants, house & building construction etc.
3. Agriculture: Seeds & fertilizer are lot cheaper than the harvested products. This also includes poultry, fish & animal farming. Less input cost, more output value.
4. Creation of intellectual items & products: This includes such items as software, new product development etc. which all have a demand in the market place. Invention of “Windows” operating system for PC’s is a good example. This type of activity increases productivity, which creates more wealth.
All service activities such as retailing, lawyers, accountants, repairing of hurricane damaged properties etc do not create additional wealth. These are all dependent and users of existing wealth. Without additional wealth creation there is no increase in economy.
$50 Billion?? Pffttt!! Just wait’ll Obama’s army hits the streets on Wednesday. We’ll have jobs galore rebuilding after they are finished.
Of course, not a whit of this adds to our nations wealth or well-being. If it did, we could burn down all the cities and rebuild them.
No wonder our economy is in the shape it is if people believe this irrational garbage. I guess when the democrats burn down their cities after Odumbo looses that will bring about prosperity with all the new spending to reconstruct. God save us from fools and tyrants.
money spent on fixing damage means less money available to spend on other things.
many economists have shown that over time the “broken window” affect is not a net plus to an economy
if it is not “more of benefit to the economic health” of you and your neighbors to all have to fix broken windows, diverting either income or savings, or both, you would have spent more effectively somewhere else
it cannot be beneficial on an even wider scale
Exactly...
Don’t vote him out. Just a few more national disasters and he’s golden.
Not much stinks worse than the byproducts of Democrat desperation.