ABC's Jobs Solution: 'Spend and Build,' a 'Stimulus Program as Big as the One That Was Launched in World War II': In the midst of the failure of President Obama’s $800 billion or more “stimulus spending” program, ABC on Friday night asserted the solution to the devastating report, of zero jobs created in August, is...more stimulus spending. Since “the debt, say most economists, is only a long-term concern and the U.S. can borrow money right now at practically no interest,” reporter Jim Avila contended the federal government “should launch a stimulus program as big as the one that was launched in World War II.”
Avila insisted “the non-political, overwhelming answer from a dominant majority of economists” as to what the government should do “is spend and build. Roads, bridges, schools. A $200 billion a year investment would produce two million jobs and lower unemployment by a point.”
$4 Trillion was not enough??? ~~ The Munz
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