SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Lokness who wrote (96602)4/17/2009 4:31:31 PM
From: koan  Read Replies (5) of 116555
 
Krugman, Stiglitz, and many other top economists are all on the same page, so you are arguing with the smartest economists in the country.

They feel if the government uses the deficit spending to build infrastructrue it will pay off in the end. LIke hihg speed rail and a new energy grid.

To use an analogy. Say the government spends 50 million to build a bridge which hires lots of people. When the bridge is built it not only helps out commerce but they can also charge a toll to pay back the loan.

Or if you build an apartment building. You go into debt, but then when you start renting units you pay back the loan.

It also stimulates the economy.

That is the theory they are working under.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News