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


To: bentway who wrote (448085)1/16/2009 1:35:54 PM
From: combjelly  Read Replies (3) | Respond to of 1574509
 
"I haven't heard even one of them urge him to go to war."

I am sure you could find a neo out there with that bright idea...

I like the idea of spending on infrastructure. Might as well get something lasting out of it. No doubt there will be some bridges and roads to nowhere, but that would be better than some of the alternatives. Simple repairs of existing infrastructure would mean a lot of jobs and money spent. Also it could be started in a shorter time frame since not as much planning, acquiring the land, etc. needs to be done.



To: bentway who wrote (448085)1/16/2009 2:18:20 PM
From: Tenchusatsu  Respond to of 1574509
 
Bentway, > They also agree that it was the spending, not that it was spent on war, that did the trick. There isn't any economic magic attached to WAR spending.

Except the fact that tens of millions of Americans were overseas fighting a terrible war. That tends to put some real purpose behind the spending and the wartime production. Everyone was working toward a real victory.

It'd be foolish to ignore the human intangibles, which are significant, and focus only on the spending. Either that, or you could provide examples of other nations that got out of a recession via massive deficit spending.

Tenchusatsu