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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (582549)	8/25/2010 12:37:48 PM
From: i-node	4 Recommendations Read Replies (2) of 1572826

>> Economic stimulus creates jobs.......its a law of nature. This is stupid. Milton Friedman once related the following story: "... recalled traveling to an Asian country in the 1960s and visiting a worksite where a new canal was being built. He was shocked to see that, instead of modern tractors and earth movers, the workers had shovels. He asked why there were so few machines. The government bureaucrat explained: 'You don't understand. This is a jobs program.' To which Milton replied: 'Oh, I thought you were trying to build a canal. If it's jobs you want, then you should give these workers spoons, not shovels.'"

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