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


To: Tenchusatsu who wrote (447319)1/13/2009 7:49:08 PM
From: Road Walker  Read Replies (2) | Respond to of 1574028
 
I bring up deficit spending and WMD because frankly I think those are the two biggest blunders of the Bush administration. Why Obama would want to repeat them, even after centering his campaign around "Change you can believe in," is beyond me.

WMDs may or may not be rhetoric, I don't know.

But you have to admit the stimulus/deficit thing is a conundrum. You could take the 'tough love' approach... the country goes into depression to cure the transgressions of the past. Or you can take a shot at stimulus that may (or may not) help. What would you do if you were (sort of) responsible for 300 million people?

At the same time I realize we are trying to solve a problem by increasing the cause of the problem. So what do you do?

In the end I think you do stimulus spending that has ROI. Energy infrastructure and conservation works because it puts people to work and lowers peoples energy bill... a double stimulus and long term benefit. It may not pay for itself but at least it partially pays for itself. I think that is the model.

My worst fear is 100,000 bridges to nowhere. But a lot of "experts" don't care... just create make work jobs.