PJ Media

Erroneous thinking Otto. When you have surplus cash you usually have that cash working. Checking account, the bank can loan the money. Stocks help finance job producing businesses or maybe you start your own business requiring help. These government induced jobs are like the broken window. It needs to be replaced at the expense of the owner and does not add to his profit. Had he used the money to by stock that was in demand and sold to satisfied customers he would have reaped increase from that expenditure. We do have maintenance but it is always an expense that comes out of our increase. Government tax paid and induced jobs are always an expense on the private sector so they should be discouraged.