Elevator Button Stimulus - The American Spectator | USA News and Politics
Elevator Button Stimulus

In the 1930s, Franklin D. Roosevelt created a raft of government programs and projects designed to revive the economy and increase employment, but between 1934 and 1940, unemployment never dipped below 14.3 percent, and the median annual rate was 17.2 percent. Yet politically, Roosevelt succeeded by creating the impression that somebody was doing something about the crisis. That’s a similar phenomenon to what’s happening today. The central argument in favor of the stimulus among its proponents is not over the merits of the particular legislation, but simply that we have to do something to revive the economy and that the crisis requires action. Psychologically, this reminds me of the man who is impatiently waiting for the elevator, and who continuously presses the already-lit elevator button even though he knows it won’t make the elevator come any faster.

Sign Up to receive Our Latest Updates! Register

Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link: https://spectatorworld.com/.

Be a Free Market Loving Patriot. Subscribe Today!

Stop the Inflation Grinch From Stealing Christmas!

That’s right, the Grinch (Joe Biden) is coming for your pocketbooks this Christmas season with record inflation. Just to recap, here is a list of items that have gone up during his reign. 

Gas: 40%+
Beef: 20%+
Used Cars: 20%+
Lodging: 17%
Eggs: 13%

What hasn’t increased? The cost to subscribe to The American Spectator! For a limited time, we are offering our popular yearly subscription for only $49.99. Lock in the lowest price of the year by subscribing today

The Grinch Stole Christmas Sale
Commander-in-chief of Christmas inflation