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


To: Steve Lokness who wrote (105635)3/7/2009 2:18:24 PM
From: TimF  Read Replies (1) | Respond to of 541674
 
How do we build rapid transit, an efficient power grid, nationwide electronic medicals records without tipping into the Keynsians bucket?

IMO the "Keynesian bucket" wouldn't be all government spending, or even all government spending, or big government, it would be spending to try to fine tune the economic cycle.

Electronic medical records could happen without the federal government being the main driver of, or spender on the idea. More rapid transit could to a very limited extent be a private initiative, or it could be a state and local initiative, or it could be a federal initiative. Even if the fed does drive and spend for these ideas they don't have to be as part of some effort to just spend on something thinking it will help the economy, but could rather be done as investments after analyzing the costs and benefits, and considering the fiscal situation.