It’s being reported by local news in Massachusetts that a serial arsonist is targeting homes in upscale neighborhoods. Here it is as reported by Glenn Beck’s The Blaze:
Upscale towns in Massachusetts are on alert as police and fire officials are investigating another fire in which an arsonist scawled a “f*** the rich” graffiti message at the scene. The latest incident in Sandwich follows another suspicious incident in Barnstable.
I know that this might sound like a tragic event but please don’t despair, as I will explain to you why this arsonist is not a criminal, but a public benefactor.
This act will undoubtedly stimulate the local economy. As the home was burnt to the ground, it will inevitably need to be rebuilt. This will give work to a whole slew of manufacturers and service providers. Carpenters will be required to cut lumber to size for a new frame for the home. Sheet rock hangers will need to be employed, and sheet rock, spackle, and rock screws will need to be purchased from a local Home Depot, Lowes, or even better a local mom and pop hardware store. The same goes for the roofer and the hardware that will be required for that aspect of the job. So goes the painters, the electricians, and countless other professionals who depend on home construction for a living.
Let’s also remember that the wealth of the rich is ‘idle’. This little act, while it might be dramatic, will have the positive effect of releasing that idle wealth from banks and various other institutions where it has no benefits to the economy as a whole.
Don’t weep for the homeowner, after all, he can afford to build a new house. The jobs created by the arsonist however, in accordance with the Keynesian multiplier, could have the effect of stimulating between $1.50 and $2.00 worth of economic activity for every dollar spent on the new home, whereas the home itself created no economic activity whatsoever.
Now here’s the question: Why does this sound insane when I say it, but not when the government makes it official policy?