via CNS News:
The United States does not have a short-term debt problem, just a “jobs crisis” that can be solved with greater government stimulus spending, according to AFL-CIO President Richard Trumka.
Trumka and his ilk are really no different than Bernie Madoff. After all, isn’t their whole idea of government jobs like a Ponzi scheme? They claim they are creating new tax payers by getting the government to spend more on jobs, but really they are just playing with the same money. In order to keep a Ponzi scheme working, you need lots of new cash constantly flowing in from new tax payers. Otherwise, you eventually create a system where the spending needs outweigh the supply of cash generated from the current taxpayer base and the whole thing collapses.
Which is what Trumka really wants and why he continues to spew this nonsense.