He just can’t recognize that his Keynesian economic policies failed spectacularly and move on to something more effective. He has to keep throwing money on the fire, hoping the problem will go away if enough of it burns, results of the past be damned.

WASHINGTON (AP) – Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation’s roads, railways and runways that would cost at least $50 billion.

The infrastructure investments are one part of a package of targeted proposals the White House is expected to announce in hopes of jump-starting the economy ahead of the November election. Obama will outline the infrastructure proposal Monday at a Labor Day event in Milwaukee.

While the proposal calls for investments over six years, the White House said spending would be front-loaded with an initial $50 billion to help create jobs in the near future.

First of all, the “event” is LaborFest — a union event put together by the union establishment to push for more unions in the workplace. The easiest way to kill job growth? Put more unions in the workplace. Nothing kills jobs faster than forcing companies to pay ridiculous salaries and provide outrageous benefits with nothing of significance in return.

Second, the first stimulus package, totaling more than $787 billion, left us with an unemployment rate of 9.6% — and that was after we were promised that unemployment would never rise above 8% thanks to the spending. What makes the Obama Administration think that another $50 billion will suddenly force the unemployment rate down?

Actually, I’m not entirely sure Obama thinks the second stimulus package will work from the get-go. I think he’s trying to ram through as much public spending as possible before Democrats lose significant power in the mid-terms. He’s going to have a much harder time handing taxpayer money to his labor allies and committing to major government spending proposals when Congress returns in January and Republicans demand budget and deficit cuts.

Spoiler alert: This $50 billion stimulus package isn’t going to work, just like the last $787 billion stimulus didn’t work.

Update: Wait, it gets better! How are we going to pay for this second stimulus, you ask? According to Mark Knoller of CBS News, we’re going to raise taxes on large companies. You know, companies that employ large numbers of Americans.

We’re going to take more money away from them. This way we can be surprised when they’re forced to lay more people off and the unemployment rate goes up…again.