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Politics : View from the Center and Left

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To: JohnM who wrote (103842)	2/11/2009 1:32:10 PM
From: Steve Lokness	Read Replies (1) of 541957

John; (3) it's terrible, worst since the 30s depression, we need to get spending started in order to save jobs and the only place with money to spend for job starting purposes is the federal government, thus the present stimulus package. I had to chuckle reading number three. "With money to spend"? Conceptually, where do you think that money to spend comes from? Can I add a number 4? 4) it's terrible, worst since the 30s depression, ......but it is a natural part of the economic ups and downs. Since there will be an inefficient use of labor from people being unemployed, this is the perfect time to put people to work on important needs of the country to keep us competitive in the world. Since every dollar must be borrowed however, every effort should be made to be sure the use of capital is as efficient as possible to keep people working. steve

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