If I had a job I would send all of my money to the Illinois general fund. I do have savings but I have committed them to Washington. I really want to do my part.
I was against government taking all of my money until Paul Krugman opened my eyes to the multiplier effect of public spending. Krugman claims that a dollar spent by government raises the GDP a buck and a half. I don’t think even Bernie Madoff promised that kind of return.
I suggest Krugman do everything he can to get the federal government to take over the New York Times. I mean, it is pretty obvious the paper can’t get a fifty percent return these days, and without the Times I would not have been exposed to Krugman’s magic money theories.
Here in Illinois I was set straight by Ralph Martire of the Center for Tax and Budget Accountability who said, “The tax increase, if done right, will actually grow our economy." His group promises fifty nine cents on the dollar. In Illinois we do big government right.
They also promise that, “The economic benefits flowing to the state from infrastructure investments could be increased significantly at no cost to Illinois taxpayers, to the extent federal matching dollars can be leveraged by state investments.” Some people think that Illinois tax payers are also federal tax payers, but those people should stop thinking.
I am told that if government spends less, there is less spending in the local economy. I was wondering where the government money came from in the first place and whether it would have been spent in the local economy anyway, without a lot of it being used up along the way in useless bureaucracy. I was told that I should stop thinking. Non thinkers are good for the economy.
Last year Illinois spent $550,000 for the conservation of pheasants. Those birds will grow up to be productive members of society. They may qualify for an arts grant out of that $16 million dollar pot. As long as there are starving artists, I don’t need to eat.