Two state governors appeared on PBS's NewsHour last night trying to justify a federal bailout for state governments that have spent more than they take in. People need retraining, states need new bridges, airports, harbors and highways. The federal government ought to pay for these because it will put people back to work. The governors didn't seemed concerned about what to build, only that whatever is built should create jobs.
The argument sounds familiar. During the cold war, East German factories made things East Germans didn't want and wouldn't buy, creating surpluses of things people didn't want and shortages of things they did. Socialism in action.
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