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Left: VDARE.com Editor Peter Brimelow and Steve ...

[VDARE.com note: Adapted from Steve Sailer’s pre...

VDARE.com Editor Peter Brimelow writes: I regard...

Up that up for 10 years, that's the deal. >> david: emac, i thought it was the greenspan bubble, not the bush bubble. will this create jobs? >> it is absurd to call it the bush bubble. it started under clinton. -- [ talking over each other ] >> let me finish. what we are talking about is how technology is replacing a lot of these people that are needed for these infrastructure jobs. that's why los angeles announcing the infrastructure spending that came from the government is going to create 55 jobs at a cost of two million dollars each. mike is right. under fdr the unemployment rate dropped i...

That stimulus spending under fdr the unemployment rate up to 20% and stayed there until world war ii. in japan 10 stimulus plans in eight years their economy stagnated. obama's first plan he said the unemployment rate will not go above 8%, it within up to 10%. how much failure -- it went up to 10% how much failure do we need? >> will this new stimulus plan create jobs or not? >> it will create jobs. i'm glad mike brought the long view in. the bursting of the bush bubble was on par with 1880 and 1930. hard to believe by comparison we've done well. the first stimulus created, spared 1.2 million ...