SI
SI
discoversearch

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 : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (102359)1/29/2009 2:31:27 PM
From: Lane3  Read Replies (1) | Respond to of 542147
 
Soooooo, that money going to food stamps and extra unemployment compensation or child care or condoms is not a stimulus.

I continue to disagree with you vociferously that they are not a stimulus--any spending that pumps money into the economy creating jobs short term would be a stimulus--I'm very disappointed in what I read about this bill. Way too much long term stuff in it. That won't cut it. Resodding the Mall, which I read has been removed for political reasons, would be more of a stimulus than some of the stuff that remains. At least that could be done soon and it would employ people.



To: Steve Lokness who wrote (102359)1/29/2009 3:12:17 PM
From: Paul Kern  Read Replies (2) | Respond to of 542147
 
To me it is something that makes people want to go out and work - to earn the money they are making.

That does NOT include welfare stuff that gives the exact opposite incentive. Don't work, the government will provide for you. Soooooo, that money going to food stamps and extra unemployment compensation or child care or condoms is not a stimulus.


And, if there are no jobs, people stop spending, then more layoffs, still no jobs, less spending, more layoffs still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, and everything grinds to a halt which is what you prefer.

Oh, I forgot the tax cuts. But if people aren't working, there is no tax to cut.