Sandy The Keynesian Hurricane

Wanna see straight up Keynesian Economics at work?  Take a good look at what happens when FEMA and other Federal Assistance is administered properly over the next few months.

We had a little peek at it after Irene, but now we're gonna see it all happen center stage.

From Crooks & Liars:

Now, don't get me wrong. There's no way in hell I'm happy about this storm (in fact, I'd like to send an invoice to oil lobbyists and tell them to split the bill) and after it's done, there will be people who died (sixteen on the East Coast, 69 in the Caribbean as of this writing), and countless others left homeless, but there is a small silver lining in all those clouds.

Because the construction industry has been moribund for a while. Now it will explode, and a lot of people who didn't have jobs will have them.

And those people who have those new jobs will spend money, and that will create more jobs. How many? That depends on how much money the feds put into the recovery. (Don't forget, Wall Street brokers live in these affected areas, too.)

And, oh yeah, let's see what we can learn from comparing Obama's FEMA with Jr Bush's FEMA, and then take a good look at what Willard's been saying about how he thinks FEMA should be scrapped so we can privatize those functions and make Halliburton even fatter and richer - which he then Etch-A-Sketched later.

Lyin' sack o' shit.