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

To: Lane3 who wrote (103750)	2/10/2009 4:57:33 PM
From: Dale Baker	Read Replies (2) \| Respond to of 542148

Transfer payments during periods of unemployment, unless saved, create jobs. This is where personal ideology and bias have totally corrupted the debate about "stimulus" - anything the poster likes to see money spent on is stimulus, and anything they dislike is pork, welfare, transfer payments, etc. Like the money being circulated around the economy knows the difference, LOL. It's all just a continuation of politics by other means, as Alistair's post noted.

To: Lane3 who wrote (103750)	2/10/2009 9:00:19 PM
From: 8bits	Read Replies (2) \| Respond to of 542148

That's a false dichotomy. Transfer payments during periods of unemployment, unless saved, create jobs. MM.. perhaps .... in a neighborhood where I own a property some of those of jobs would be crack salesman - then police officers and social workers to ameliorate the effects of said crack salesmen. I think the idea is to have a multiplier effect not a divisor effect. There are some projects I would fully endorse especially alt-energy infrastructure (energy issues will come back soon enough...) and tax credits for wind and solar power but just handing out money that isn't directly for productive work seems like a net drag on the economy. By the way non partisan Congressional Budget Office determined that the stimulus bill as now conceived would have a slight negative effect on the economy: usnews.com (They also got the Bush administration angry by giving a much accurate cost of the Iraq war than Bush insiders were predicting...)