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To: Tunica Albuginea who wrote (21309)	8/20/2001 3:37:28 PM
From: RetiredNow	Read Replies (1) \| Respond to of 24042

Well, it actually happened much more recently, and right here in the US. Look up your history on the New Deal under Roosevelt. Also, look at how much Reagan spent on the military. Those two spending efforts flooded the economy with money. Of course, there was the debt hangover from Reagan, but you can't argue that it doesn't bolster the economy in the short term. There is incontrovertable evidence that it does. Also, remember that part of the economics formula for GDP includes the big G (gov't spending), in addition to the big C(consumer spending), minus the big T (taxes). Then there is the multiplier effect from C and G spending that also expands the economic pie and bolsters the markets.

To: Tunica Albuginea who wrote (21309)	8/20/2001 9:48:49 PM
From: BWAC	Read Replies (1) \| Respond to of 24042

TA, Now you can't possibly argue that government spending isn't a big part of the economy? Roads? Schools? Defense? Various welfare programs and administration of such? Government payrolls, Dept of Agriculture, NASA, etc. And "The French Government paid people to dig up trenches by the road and then paid them again to cover them up again!!!." Maybe Gov't spending can do good at times as well. What about the Blue Ridge Parkway? Wasn't that built at a time the government spent in a plan mostly to revive the economy? Our interstate system? Dams and huge reserviors like Fontana?

To: Tunica Albuginea who wrote (21309)	8/25/2001 11:34:11 AM
From: Tunica Albuginea	Respond to of 24042

mindmeld: correction: 1_8_4_8_ not 1948 as I previously wrote, when "the French Goverment Public Works " spending occurred: cats.ohiou.edu And because the Economy was in the toilet and there was no real useful work to do, The French Government paid people to dig up trenches by the road and then paid them again to cover them up again!!!. VBG TA ====================================================== I previously wrote: Message #21309 from Tunica Albuginea at Aug 20, 2001 1:55 PM mindmeld:" Government spending to pull us out ": They already tried that in one of the first Socialist Governments in France in 1948. Repeat: 1_9_4_8_ : The French Government paid people to dig up trenches by the road and then paid them again to cover them up again!!!. Should we go back to that ??? Maybe Billy boy and Al with Greenprint can join in to give a hand fix the mess they created..... TA you said: Wrong. Actually, government spending is a very big part of what makes this economy tick. In fact, if the economy starts to really tank, beyond what it has already, the only way out may be the government spending a shitload of money.