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Politics : Formerly About Advanced Micro Devices

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To: neolib who wrote (751691)11/7/2013 6:18:25 PM
From: combjelly  Read Replies (3) of 1577582
 
It is pretty clear that none of the people arguing with you have lived in an area prone to hurricanes. I don't really recommend it as a way to pump up the economy, but it most certainly happens.

The heart of the problem is that they are operating off of a very simplistic economic model and their intuition.

Like one of i-node's favorites, 'you can't borrow your way to prosperity'. People do it all the time when they start businesses or expand an existing business. The broken window thing assumes people have neither insurance or savings. And so on. The point is that short term reallocation of resources can have longterm effects. Both positive and negative. Which is why you don't just do it blindly.
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