Harry Moberly is Expressing His Love For Government Spending
On the House Floor. Right now.
"It's our responsibility to do something about it," said Moberly about the problem of joblessness.
What's his proposal to help jobs? To raise taxes on struggling small businesses, and creating a Kentucky "Stimulus" by issuing debt to spend on pork projects.
Legislators are laughing at him on the screen.
We are very glad that Mr. Moberly is retiring.
UPDATE: He's not hurting anyone, just those corporations that have multiple entities employing people. He really said that.
"That debt ratio and that percentage is only part of what they use to establish debt ratings," he pleads.
4:54 - Representative Stewart is now congratulating himself of voting for overspending and record debt with the majority party.
5:02 - Representative Upchurch gets it. Makes a good speech about the fallacy of the idea of government-created jobs.
5:09 - Rep. Burch rallies against free trade
5:14 - Rep. Hall, a favorite at PageOneKy, says ironically that he "didn't come to Frankfort to do nothing." We wonder if the'll be in Frankfort tomorrow. Also wrong: "Any economist will tell you that in hard times the government must step forward."
5:30 - Also wrong: Rep. Thompson thinks tea parties are occurring because government isn't "investing" enough in our communities.
5:38 - "You can't spend your way out of debt" does not apply to a modern economy, says Rep. Stacy.
