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

To: d[-_-]b who wrote (785100)

5/16/2014 11:19:06 AM

From: koan

Read Replies (1) | Respond to of 1573414

Government creates temporary jobs using borrowed money - not a very good economic plan.

What happened to all those green jobs after they spent all the money and went bankrupt like Solyndra?>>

During WWII the gov borrowed huge amounts to fight the war and we had full employment. That allowed everyone to pay off their bills and start new businesses and pay much more taxes. And that allowed the gov to collect enough taxes to pay down the debt.

And the infrastructure built during WWII was used afterwards to great effect.

Had the money been used for infrastructure it would have been even better.

We could do that now. Except fellows like you (pubs) cannot grasp the concept.