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

To: i-node who wrote (530749)	11/21/2009 8:22:55 AM
From: RetiredNow	Read Replies (2) \| Respond to of 1574794

Again, you assume that the entire $800B was a waste of money. I know it was not. I'll give you an example. Out of the $800B, $80B went to investments in renewable energy and loans for renewable energy companies. I consider that an investment with a very high return. Tens of billions more went to science and research, money that has resulted in the highest increase in science and research investment in a decade. A couple of hundred billion went to tax cuts for companies and small businesses. In another post on the Politics of Energy thread a few months back, I did the research and came up with a figure of about 80% of the stimulus was money that would likely have a positive return on investment. The other 20%, I would have cut from the bill. What's in the 20% is what the GOP focuses, and rightly so. However, where the GOP goes wrong is in saying that because of the 20%, the whole bill should have been scrapped. That's just plain stupid.