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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (363233)12/17/2007 2:30:13 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1576865
 
JF, > You can't deny governments influence on the economy.

Of course not, but the end goal of government spending should be to provide whatever services are needed by the constituents, not to "put money into the economy."

For example, Ted Stevens' "Bridge to Nowhere" would have created construction jobs and put money into the economy of his home state. But the price tag is $315 million. That represents the taxpayers' money, and that money could have been better spent by the taxpayers themselves, rather than some boondoggle pork barrel project that only benefits a few thousand Alaskans.

Hence I wouldn't call that "putting money into the economy." It might benefit the local Alaska economy, but the overall effect on the federal economy is negative.

Tenchusatsu