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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 10:54 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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  -So what IS the real solution to all the economic crises? bob_weaver  Nov-07-08 08:06 PM   #0 
  - Nobody knows. And that's the truth.  crazylikafox   Nov-07-08 08:08 PM   #1 
  - Well, isn't step 1 figuring out what caused it? That would help in finding the solution.  bob_weaver   Nov-07-08 08:11 PM   #4 
     - The "trickle down" that passed through the business end of the elephant is what caused it. n/t  Lil Missy   Nov-07-08 10:44 PM   #18 
     - So it's time to jettison that economic model.  bob_weaver   Nov-07-08 10:47 PM   #20 
     - Uh, dat would be "28 years of FriedmanReaganomics" for 200, Alex.  HughBeaumont   Nov-07-08 11:13 PM   #29 
  - It is a global problem  bambino   Nov-07-08 08:08 PM   #2 
  - No. 1: get rid of the PRIVATELY owned Federal Reserve Bank  keep_it_real   Nov-07-08 08:10 PM   #3 
  - so how do we do that?  bob_weaver   Nov-07-08 08:13 PM   #5 
     - That is the simple part, revoke the Feds' charter and withdraw from the central banking system.  greyhound1966   Nov-08-08 03:26 AM   #36 
        - I can see the idea  StreetKnowledge   Nov-08-08 01:43 PM   #43 
           - Everything done, including the fractional reserve banking system is a "fantasy"  greyhound1966   Nov-08-08 02:18 PM   #44 
  - Socialism.  valerief   Nov-07-08 08:14 PM   #6 
  - well, now that we have a "socialist!" coming in to the White House  bob_weaver   Nov-07-08 08:23 PM   #9 
  - Eat the banks.  Jackpine Radical   Nov-07-08 08:22 PM   #7 
  - There really isn't one...  sendero   Nov-07-08 08:23 PM   #8 
  - Deregulate 'We The People' and regulate Corporate America & Globalism, Inc.  Kansas Wyatt   Nov-07-08 08:26 PM   #10 
  - Very good summary  bob_weaver   Nov-07-08 09:10 PM   #12 
  - How about a full scale, all out  ben_meyers   Nov-07-08 08:50 PM   #11 
  - Oh, you rascally "history" guys, You silly scalawags you....  galileoreloaded   Nov-07-08 10:56 PM   #24 
  - I'm an atheist, but let me quote the bible in answer  magellan   Nov-07-08 09:14 PM   #13 
  - Yep. It has to come from the bottom up.  NoUsername   Nov-07-08 10:34 PM   #16 
  - Awesome reply, thanks  bob_weaver   Nov-07-08 10:41 PM   #17 
  - John Kennedy ....Got shot to death.  lib2DaBone   Nov-07-08 09:29 PM   #14 
  - Time  noexcuseforgeorge   Nov-07-08 09:33 PM   #15 
  - Abolish the Federal Reserve.....  Azimov   Nov-07-08 10:44 PM   #19 
  - a good start would be to slash the defense budget to bare minimum  Mari333   Nov-07-08 10:51 PM   #21 
  - A series of fiscal stimulus packages designed to create  RichardRay   Nov-07-08 10:54 PM   #22 
  - Sensible government and economic policies  gravity   Nov-07-08 10:56 PM   #23 
  - There is no 'THE REAL solution'  elleng   Nov-07-08 10:59 PM   #25 
  - A return to liberal Keynesian economic theories.  Chan790   Nov-07-08 11:08 PM   #26 
  - nationalize oil, financial markets, health care and all defense-related industries.  leftofthedial   Nov-07-08 11:10 PM   #27 
  - THis is my understanding from a non-economist's POV  Juche   Nov-07-08 11:11 PM   #28 
  - force chevron-texaco to give up the patent rights to large Nimh batteries would be nice.  QuestionAll   Nov-07-08 11:44 PM   #30 
  - Hmmm.... my vote is good old-fashioned class warfare.  readmoreoften   Nov-08-08 01:04 AM   #31 
  - Scandinavian style social-democratic version of capitalism.  FKA MNChimpH8R   Nov-08-08 01:08 AM   #32 
  - More money at the bottom and less money at the top.  kentuck   Nov-08-08 02:42 AM   #33 
  - I don't know. But I would like to propose that a green revolution may be the way out  Political Heretic   Nov-08-08 02:48 AM   #34 
  - Step 1; Withdrawal from the fractional reserve central banking system and outlawing interest.  greyhound1966   Nov-08-08 02:49 AM   #35 
  - more credit at all?  ProdigalJunkMail   Nov-08-08 05:12 AM   #37 
     - No, no more interest. Control of currency returned to the government where it rightly belongs.  greyhound1966   Nov-08-08 05:50 AM   #38 
        - there are some problems...  ProdigalJunkMail   Nov-08-08 07:50 AM   #41 
           - You mi amigo, need to learn how the system works. It is not controlled by the government  greyhound1966   Nov-08-08 01:38 PM   #42 
  - Morning kick.  greyhound1966   Nov-08-08 07:40 AM   #39 
  - Time and de-leveraging. Just like all past economic crises.  theothersnippywshrub   Nov-08-08 07:40 AM   #40 
  - As long as we leave the basic system as is, we will constantly repeat this cycle  greyhound1966   Nov-09-08 12:42 PM   #45 
  - JOBS. Jobs create incomes, and those create tax revenues, and those pay for the programs.  TexasObserver   Nov-09-08 12:47 PM   #46 

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