Tuesday, 30 April 2013

Reductio ad Absurdum - Seeing through political lies - migrants create jobs, government can borrow to invest.

1) Uncontroled immigration from the EU creates jobs.

If this is true, then Spain (unemployment 27.2%) and Greece (unemployment 27.2%) could fix their unemployment problems by exchanging their unemployed! As migrants, they would create jobs in their new country and each country would have 100% employment!

Believe that? No? Then you can see that the original statement is bogus,

2) Governement can borrow monry to 'invest', it isn't 'spending'.

If the government can borrow money and 'invest' it so getting a 'return' that more than covers the interest payments, well then none of us need ever work again! The government just needs to borrow money and 'invest' it and we cal all live off the excess returns!

Believe that? No? Then you can see that the original statement is bogus.

No comments:

Post a Comment