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

To: Alighieri who wrote (623528)	8/8/2011 6:57:14 PM
From: Tenchusatsu	1 Recommendation Read Replies (1) \| Respond to of 1578303

Al, > Well, sort of...he was talking about strategic investments in infrastructure...things that the private sector won't do...as well as education...he used an example of ships that are being built in China today that can't even come into our harbors they are so delapidated and ill equipped...that's just an example to illustrate the point. Wasn't the past 2 1/2 years of "stimulus" supposed to have addressed cases like those? Gotta ask yourself where all that money went. At this point (or even, from the beginning) "stimulus" is nothing more than make-work projects. Some would call it public works projects, like the TVA. Others would call it pork, like the Murtha Airport to Nowhere. Either way, even Obama admitted that there are no "shovel ready" jobs. > I am trying to have a level headed exchange here...and you are ASSuming too much What, that you are all for more stimulus, paid for by rising taxes? Not an unreasonable assumption to be made. Tenchusatsu

To: Alighieri who wrote (623528)	8/8/2011 7:04:56 PM
From: i-node	2 Recommendations Read Replies (1) \| Respond to of 1578303

>> he was talking about strategic investments in infrastructure. This is ridiculous. We gave them a trillion dollars of our kids money to fix the problem. They blew it in the most inefficient manner conceivable. Remember, "shovel-ready" projects that weren't quite so "shovel-ready" (by his own admission)? The bank account is empty. He shot his wad. It is over. There is no more stimulus. It doesn't work. Even when you do it "right" it doesn't work. Government cannot "stimulate" the economy. It can only run up debt.