Make work has such a nice ring to it, as does alien invasion. Watch this video and decide if you should laugh or cry.
By analogy we should have the government borrow in order to employ a great number of people build satellites and rockets. Then, we can borrow even more to employ a second team of people who blow them up. Brilliant!
The man who wrote the Black Swan, Nassim Nicholas Taleb, has said we need to get rid of the Nobel Prize in Economics. He said it for a reason: talking heads who toss the economic chicken bones around have demonstrated they lack both credibility and predictive power.