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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: koan who wrote (96606)4/17/2009 5:56:40 PM
From: Steve Lokness  Read Replies (1) of 116555
 
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.

I agree - Obama is doing all of that. But Krugman wants to spend magnitudes more yet. Great - just tell us how you expect it to be paid back Paul. Better yet, Koan, you tell us how you expect this money to be paid back. Paid back and doing health care and paid back while our entitlement programs continue to slip into bankruptcy. HOW DOES IT GET PAID BACK! I understand what they say the theory is - so stop just repeating that. That is not my complaint.

steve
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