Anyone has insight or links on this it's much appreciated.
Monday, November 17, 2008
Following up on my own post
I thought a bit about why they're not jumping on infrastructure to stimulate the economy: is it too New Deal? Are they afraid of raising the ire of conservatives? For the record, I'm not saying WPA, but I am saying a few new bridges. Put a bow on them and call it my christmas present. A few refurbed tunnels can be my stocking stuffer.
Anyone has insight or links on this it's much appreciated.
Anyone has insight or links on this it's much appreciated.
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Or maybe they'll give everyone another stimulus check that won't actually help anyone at all! Bah humbug what am I talking about, it makes total sense that Warren Buffet got the same amount of stimulus money as the poorest couple in the US. Total and complete sense.
One problem with the consumer economy, I think, is that little is essential. So, in a way, Friedman is right. People need to shop to keep the economy on course. But our values system has already kicked in and says "no, only buy what I need." An unforeseen consequence of a consumer economy.
Lean times. Probably ain't so bad, shake things out a bit. At least you have to pay into the unemployment system to get money out of it. So there was some "savings" after all.
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