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

To: Sam who wrote (268236)	1/28/2015 12:32:13 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 540990

Sam, as I have said many times now, I think we should have an infrastructure plan in effect. I have said we should finance it with a gas tax - realistic to do that now, but not when gas was 4 bucks a gallon. This should be a long range policy but has nothing to do with keynesian thinking. The big point here Sam is that NO stimulus plan could have gotten huge amounts of money into the economy through infrastructure projects when Krugman was demanding his huge stimulus plan. Infrastructure - any infrastructure idea - takes many years to implement. You have to plan and permit and design and buy up right of ways and fight lawsuits first! So stop with this argument - it was not valid for the time and it was NOT what Krugman was arguing for. ..............Now though - even though I favor an infrastructure policy - it would not fall into the Krugman keynesian economic stimulus - because we don't need that stimulus now to get the economy going. It is going! <<<<No one was suggesting that we spend "wildly,">>>> Krugman was absolutely suggesting we spend wildly. How soon we forget.