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Reply #22: A series of fiscal stimulus packages designed to create [View All]

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RichardRay Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-07-08 11:54 PM
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22. A series of fiscal stimulus packages designed to create
jobs in the U.S. and to produce items of long term value. We have a creaky infrastructure in this country: roads, bridges, public buildings, national parks, etc. Investment in those things creates long term value and provides good jobs.

The alternative version of 'stimulus packages' where you just send some money out to everyone for them to spend helps businesses show better results for the next quarter, but fails to make any long term difference and fails to change the situation for the majority of the folks in the country - an extra $1,000 in a year is certainly nice to have, but it doesn't pay for a job retraining program or relocation.

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