This video points to the same bit of government hypocrisy as the important broken window fallacy When money is taken away from people and spent on either unproductive jobs or the repair of a broken window, it is not a net gain for society. This principle comes up often.

Hard to believe this bullshit is in bloomberg, but here it is:

The 2010 census couldn’t have come at a better time for the U.S. economy.

The government will hire about 1.2 million temporary workers in the first half of the year to administer the decennial population count, possibly providing a bridge to gains in private employment later in the year.

The surge will probably dwarf any hiring by private employers early in 2010 as companies delay adding staff until they are convinced the economic recovery will be sustained. Money earned by the clipboard-toting workers going door-to-door to verify the government population survey is likely to be spent, giving the economy an extra lift.

This entry was posted on Sunday, January 17th, 2010 at 4:22 am and is filed under Austrian School, Big Media.