"You’ve got to look at what’s going to create sustainable jobs. What this administration is talking about is making work. It is creating work," – RNC Chair Michael Steele.
But the point of a stimulus package is precisely "making work" to counteract the deflationary spiral, no? Yes, these jobs will go away at some point. But we want them to. This really isn’t that hard to understand. Some in the GOP seem unable to grasp that the argument right now is about how to address the extreme crisis in demand and the danger of a deflationary death-spiral. On the one hand, they seem to be saying (a la McCain) that this is long-term spending, not stimulus; then they are complaining it’s a short-term stimulus that will not create long-term jobs (a la Steele). One can only presume this is mainly about politics, not governing. Like so much of the last eight years.