I'm No Genius But I'm an Army Wife and Mom
June 21, 2011
I firmly believe that the title I used could also read, “I’m No Genius But I’m a Wife and Mother” and it would still fit perfectly into the topic I write about today.
The Wall Street Journal had an opinion piece today The GOP Myth of 'Job-Killing' Spending by Alan S. Blinder. Mr. Blinder is a professor of economics and public affairs at Princeton University. He also is a former vice chairman of the Federal Reserve.
Quite an impressive resume’ I must say.
Given his Ivy League credentials, one would then presume the gentleman was intelligent.
I was an Army wife for over 31 years. My husband, now retired, was an Airborne, Infantry, Ranger. He was either deployed, sent overseas or “in the field” for a very good part of our 31 year marriage. I raised three children often with him not present. Well, he was present during the conception and birth, still I must say, little else…
But I digress…
While I may not be the smartest woman in the world, life as an Army Infantry wife has taught me many things. Sometimes it was baptism by fire, but many of my life’s lessons were hard won as I learned on the run and under the gun…so to speak. It certainly helped develop a handy thing called common sense and when I read Blinder’s opinion piece I was stunned by the lack of common sense!
Blinder has his shorts all twisted in a wad over the GOP saying that the stimulus plan didn’t create jobs.
Well, at least I should be thankful he didn’t go into that scholarly economic term “jobs saved” business.
According to The United States Bureau of Labor and Statistics in December of 2009 there were 129,320,000 people employed in America.
In December 2010, 130,229,000 people were employed.
Now, I’m pretty lousy at math, so I had to get my calculator out.
After the stimulus money was poured into Mr. Obama’s pet projects and given to his GE CEO buddy and tons of it to the AFLCO and other union cronies etc. There is a difference of only 909,000 people employed in 2010.
Now, this would of course assume (you know what happens when we assume) every single one of those jobs that those 909,000 people had were a result of the Obama stimulus plan.
I’m not a betting woman, but I’d bet the farm many of those jobs had nothing to do directly or indirectly with stimulus money.
Yet even if we were to say half of those people were gainfully employed as a direct result of Mr. Blinder’s adored stimulus plan, he’s still way, way off in his hopeful numbers.
He claims “In fact according to the Congressional Budget Office estimates [that’s a key word here], the stimulus’s effect on employment in 2010 was at least 1.3 million net new jobs, and perhaps as many as 3.3 million.”
Oh really? That’s not what the facts say Mr. Blinder – another unfortunate name in the same vein as Anthony Weiner. Blinder is blind as a bat and doesn’t seem to have the sense God gave him when it comes to his area of expertise.
All he had to do was type a little and a few clicks later he would have found the facts and he too could have verified his assumptions—to be dead wrong.
He also goes on to say, “Despite all this evidence and logic, some people still claim that fiscal stimulus won’t create jobs.” And then he goes on to talk a bit about his pal Paul Krugman.
Let’s see, I have a BA in English and this guy teaches at a very prestigious university yet I was able to wipe the floor with his stimulus money defense.
Gee, maybe I should go apply for a job as professor of economics at Princeton. Think they’d hire me?