Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (531847)	11/23/2009 12:18:08 PM
From: Alighieri	Read Replies (3) of 1575175

The operative term is "may". Yes, some expenditures MAY generate a return. But the vast majority of these costs are wasted. For example, the thousands of earmarks in the porkulus bill. A few of those may generate some return, but the vast majority are just wasted. I really don't think most people are qualified to make such statements...of course any bill of such magnitude will have its pet projects in it, but the vast majority of the money is not wasted. Part of it goes back to folks in the form of tax cuts, other in state assistance, some to the jobless, others to construction, and so on. Even the right wing hawks have only managed to find small abuses here and there... Did you see the housing and economic news this morning? A great example is the SSC, in which we literally threw some billions into the ground before walking away from it with not one thing in return. Why? Because government works in fits and starts. The government is not immune from failure...but for every one of these I will find you 1000 private sector corporate disasters. It's all in how you look at it. Al

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