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

To: Road Walker who wrote (452856)	2/5/2009 1:48:33 PM
From: TimF	Read Replies (1) \| Respond to of 1571215

If we had done it we might not be in this mess So if we had spent money on "green energy", we wouldn't have had a housing bubble, or overleveraged investment banks, or a declining auto industry? Seems unlikely. I can have someone out here next week adding insulation, putting in more energy efficient windows and doors. Maybe you an do that, but the more people try, the longer the wait. And little if any money in the stimulus bill goes for such things. Most of it isn't for green energy, and to the extent the money is going more to subsidies and breaks for larger projects, investment in research, spending on electricity transmission, and things that operate over years or even decades. Good idea or not, that more plain old ordinary spending and not stimulus. So how do you stop the cycle? You probably don't. It will stop itself. Its not an infinite positive feedback loop. In most downturns, most of the stimulus effect from attempts to stop the cycle kicks in after the economy's already started to grow again.