Epic History Fail

July 2nd, 2010at 07:40am Posted by Eli

Rand Paul is right, but for the wrong reason:

Republican U.S. Senate nominee Rand Paul likened the United States to the Roman Empire in the days before it fell during a speech at a tea party rally on Thursday.

“In the latter days of Rome, the economy was crumbling, the emperor … would placate the mob with bread and circus — food and entertainment to placate them since the economy was in shambles and dwindling around them,” Paul told several hundred people gathered for the rally in a Bullitt County park.

“Now in our country, as our economy is in shambles, they give us Cash for Clunkers and a stimulus check and they tell us to go to the mall and spend your money and everything will be OK … That’s not how you become prosperous as an individual or a country,” he told the crowd of supporters.

I agree with the comparison of America’s current state to the fall of Rome, but Paul conveniently overlooks the fact that a large part of the reason for the fall of Rome – and the United States – is that the wealthy interests captured the government and made it serve their welfare instead of the country’s.  This included cutting their own taxes so that the government no longer had a sufficient revenue base to sustain itself.

Paul also misunderstands the purpose of a stimulus, as did Dubya – a proper stimulus is not about telling people to spend more money into the economy, it’s about enabling them to spend more money into the economy.  You know, by helping them get jobs and stuff, because employed people spend more than unemployed ones.  The problem with Obama’s stimulus wasn’t that it was a bad strategy, it was that it was too timid and conservative to have much of an effect.

Entry Filed under: Economy,Politics,Republicans,Wankers

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