Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: research1234 who wrote (255241)	7/7/2014 5:25:21 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 542009

<<<< Higher profits will find their way back into the economy >>>> Careful! Starting to sound like the conservative right here! Every dollar taken out of a man's pocket - is one he is not spending to stimulate the economy. That is a simple fact ...........Every dollar spent on an infrastructure project isn't going into the hands of the worker. In fact only a tiny percentage of the money is. Much of the money gets spent on corporate profits on every single item going into the infrastructure project. Some of it may be going out of country if they import steel or cement for instance. If there is a multiplier effect in getting States and Local governments involved - well that money also has to come from tax payers. Some of it might come in the way of bonds, but States - since they for the most part can't operate in the black - have to tax more. When they tax more, that is more money from the working man. In my State it would be a higher sales tax that effects everyone! Less money for them to spend. ...........If it comes from bond money, then that too is a sink on future projects as money goes to pay back debt - and interest.