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

To: i-node who wrote (432081)11/2/2008 2:46:07 PM
From: combjelly2 Recommendations  Read Replies (2) | Respond to of 1585296
 
"It is Obama, not ME, who refers to "government spending" as "investment"."

You do understand economics, don't you? I mean real economics, not that Austrian School crap.

It depends. It certainly can be. Unless, of course, you ascribe to Tim's theory that when taxes are levied, the government eats the money. Investment in infrastructure is something governments do quite well. It is something we have given a short shrift to for too many years. Investments in certain R&D programs can have great rates of return. The space program is a great example of that.



To: i-node who wrote (432081)11/2/2008 4:10:00 PM
From: tejek  Respond to of 1585296
 
>>> Yep. George Orwell had i-node in mind when he wrote 1984.

It is Obama, not ME, who refers to "government spending" as "investment".

Investing in America's infrastructure using gov't spending is no different than a corp. investing in new plants.


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