Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (215914)	2/1/2007 11:23:58 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 281500

>> It really is simply a theory about who spends money more effectively. Yes that is what the debate really boils down to. There is no question in my mind that the government COULD spend it more effectively (up to a point) by using it for say, education and health care for the poorest segments of the country and by creating good infrastructure where the private sector would not. Obviously if the government does the opposite and spends the money on corporate welfare and for doing free R&D for the private sector, then it is very ineffective. Unfortunately the latter is what has been going on in the US. But imo, this shows we need better government rather than ineffectiveness of Keynesian economics.