{"id":6814,"date":"2009-02-04T07:00:12","date_gmt":"2009-02-04T14:00:12","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=6814"},"modified":"2009-02-04T10:20:51","modified_gmt":"2009-02-04T17:20:51","slug":"youre-gonna-need-a-shovel","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6814\/youre-gonna-need-a-shovel\/","title":{"rendered":"You’re Gonna Need a Shovel"},"content":{"rendered":"

When I was young, my father taught me a very simple story:<\/p>\n

A man walks by a big room and sees that it’s chest high in manure.\u00a0 “Quick,” he says “someone get me a shovel.\u00a0 There must be one helluva horse in here somewhere!”<\/p><\/blockquote>\n

Now the message was always clear: don’t be afraid of hard work and look upon every situation with an optimistic eye. Lately though, reading the paper has been a lot like running into that room; only I’ve begun to realize there’s no horse in there. Just a whole lot of shovelin’.<\/p>\n

The latest pile can be found in a column by Dean Calbreath<\/a>, a well-respected staff writer for the Business section of our local paper: The San Diego Union Tribune<\/a>. You can read the full story here: Government Spending is Tool to Revive the Economy<\/a>, although the title itself is about as subtle as a sledge hammer to the head. (I wonder if he was being ironic with the word “tool”?) In the column itself, Mr. Calbreath expects politicians debating the “stimulus package” will take heart in a new study by UCSD economist Valerie Ramey<\/a> which concluded that for every $1 the government spends, it generates $1.40 in economic growth. Uh… yes, you read that right. The government is generating 40% growth on its spending programs. Wow! We really can spend our way out of a problem.\u00a0 I mean Mister, at 40% growth we’ll be out of this recession in a quarter or two if the government will just get it through their thick heads to spend enough. (When I read utter nonsense like this I am reminded, as I so often am, of the wit and wisdom of Homer Simpson<\/a>. Upon realizing he and a few other characters were literally trapped at the bottom of a hole they themselves had dug, Homer hit upon an elegant solution:\u00a0 “We’ll dig<\/em> our way out!” As the screen fades we can here Chief Wiggum say, “No, dig up<\/em>, stupid…”)<\/p>\n

“Raising spending stimulates the economy,” Ramey said.\u00a0 “On average, government spending raises gross domestic product and raises employment, although it sometimes leads to Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

When I was young, my father taught me a very simple story: A man walks by a big room and sees that it’s chest high in manure.\u00a0 “Quick,” he says “someone get me a shovel.\u00a0 There must be one helluva horse in here somewhere!” Now the message was always clear: don’t be afraid of hard […]<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[251],"tags":[236,177],"class_list":{"0":"post-6814","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-big-mother","7":"tag-bailout","8":"tag-the-fed","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17823,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17823\/overnight-news-marxists-are-desperate-to-find-a-pretext-to-exterminate-those-evil-people-who-make-them-casseroles-and-shovel-their-driveways\/","url_meta":{"origin":6814,"position":0},"title":"Overnight News: Marxists are desperate to find a pretext to exterminate those evil people who make them casseroles and shovel their\u00a0driveways.","author":"Greg Swann","date":"February 7, 2021","format":false,"excerpt":"The point of the January 6th fiasco was the January 6th fiasco: Marxists spent all year goading Trump supporters into civil war. They didn't quite get bupkis, but nothing like the pretext they needed to commence the Ant pogrom. That's why they're confessing now. It looks like a modified limited\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6523,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6523\/hittin-fat-fastballs-diggin-for-gold-skinnin-cats\/","url_meta":{"origin":6814,"position":1},"title":"Hittin’ Fat Fastballs — Diggin’ For Gold — Skinnin’ Cats","author":"Jeff Brown","date":"January 17, 2009","format":false,"excerpt":"I remember something a great football coach once said. He'd been asked about the vanilla offense he ran, and how defenses were shedding old fashioned ideas, and learning how to stop tradition offenses with ease. He said, \"Let 'em do whatever they need to. If my guys block their guys,\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1775,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1775\/the-national-association-of-realtors-is-simply-outrageous\/","url_meta":{"origin":6814,"position":2},"title":"The National Association of Realtors is Simply Outrageous","author":"Cooksquared","date":"August 8, 2007","format":false,"excerpt":"This title truly comes from the heart. Reading the Wall Street Journal today, I stumbled across the latest report from the lead economist at the National Association of Realtors. In the face of overwhelming negative information and despite their own lowered forecasts, Mr. Lawrence Yun states, Existing-home sales should be\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6472,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6472\/zillows-zindex-of-historic-bedrock-shows-significant-gains\/","url_meta":{"origin":6814,"position":3},"title":"Zillow’s Zindex of historic Bedrock shows significant gains","author":"Greg Swann","date":"January 9, 2009","format":false,"excerpt":"Rubbles up, Flintstones down. Is Fred facing foreclosure? SEATTLE, Jan. 9 \/PRNewswire\/ -- It's a proud day in Bedrock as the new Zillow Zindex reveals that home prices in that historic city are up 2.5% for the fourth quarter of 2008. Bucking the trend for many American communities, Bedrock seems\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13096,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13096\/the-next-time-you-actually-work-40-hours-in-a-week-will-be-the-first\/","url_meta":{"origin":6814,"position":4},"title":"“The Next Time You Actually Work 40 Hours In a Week Will Be the First”","author":"Jeff Brown","date":"August 28, 2010","format":false,"excerpt":"Note: This post isn't aimed at the (IMHO) 10-20% of the real estate agent population who, day in and day out, work hard, effectively, and with massive purpose. Dad, 'FDB' to some of his friends and family, said those exact words to me a few months after I'd gone from\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13918,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13918\/sharks-pilot-fish-dinosaurs-and-wishful-thinking\/","url_meta":{"origin":6814,"position":5},"title":"Sharks – Pilot Fish – Dinosaurs – And Wishful Thinking","author":"Jeff Brown","date":"January 17, 2011","format":false,"excerpt":"Don't ya love it when a new way to call something old catches on? Smallish independent real estate brokerages are now often referred to as 'indies'. Due to lower operating expenses, more agents working at home, and a perceived technology gap the size of the Grand Canyon, they'll be an\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=6814"}],"version-history":[{"count":8,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6814\/revisions"}],"predecessor-version":[{"id":6817,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6814\/revisions\/6817"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=6814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=6814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=6814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}