Elitist view or rational thing?

[DuncanONeil]

Apparently the great sate of Louisiana has figured that out. Unemployment there is apparently the lowest in the nation, currently around 7%. And a whole bunch of things associated with small government. Not that they are but they are acting like one.

I say we leave the economy to free market. It will right itself sooner than it will with government involvement. Government needs to cut spending and leave alone the market. By doing so, they will stimulate the economy much faster than by spending and printing money. I've never understood those whom think that if you spend money, you will make money. The only people who can do that are the savvy bond/market investors.

[SadisticNature]

Apparently the great sate of Louisiana has figured that out. Unemployment there is apparently the lowest in the nation, currently around 7%. And a whole bunch of things associated with small government. Not that they are but they are acting like one.

Well among other factors in that low unemployment rate, was a natural disaster leading to population loss through both casualities and massive emigration to other states, followed by significant money put into the city of New Orleans resulting in a massive inflow of construction jobs.

So I suspect a lot of that low rate relates to federal "big government" too.

[DuncanONeil]

The comment was not derived from a readable source but an interview of the Governor of the state. He did say that New Orleans is thriving!

You really mean to say that 30% of the populatin of the state of Louisiana just up and left the state?

Well among other factors in that low unemployment rate, was a natural disaster leading to population loss through both casualities and massive emigration to other states, followed by significant money put into the city of New Orleans resulting in a massive inflow of construction jobs.

So I suspect a lot of that low rate relates to federal "big government" too.

[denuseri]

You really mean to say that 30% of the populatin of the state of Louisiana just up and left the state?

You should have been living in Atlanta and other cities here in the south,when we got overran by all of the people flooding into the city looking for places to live and work in the months after the storm.

Most of the people I spoke to had no intention of ever returning to their former homes eaither.

Which btw has nothing to do really with weather or not the economey or discussion of it should be left to the economists.