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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (276924)9/18/2010 3:31:02 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
Needed public infrastructure repair is NOT make work. Private enterprise NEVER voluntarily ponies up for THAT!



To: yard_man who wrote (276924)9/18/2010 4:53:26 PM
From: neolibRead Replies (2) | Respond to of 306849
 
if I am full of it -- refute this -- tell me how giving money to people who are not engaged in the production of good and services that others can and want to buy -- will call forth greater prosperity -- tell me how that works

Our economy is demand limited, we can produce much more than we can afford. Thats why unemployment is currently high: We don't need the extra production. The unemployed, with reduced incomes, is a feedback which worsens the problem by further depressing demand.