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Old 11-14-2011, 04:27 PM   #26
chiefst2000
Champion of Common Sense
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Join Date: Mar 2004
Posts: 5,838
[QUOTE=Buster;4233195]You are describing the long term flaws with our economy. This discussion is about our current “malaise”.

Unless you are saying that government contracts to fix/build highways, bridges, Railroads, etc... will not increase overall current employment.[/QUOTE]

We need to repair a system in decline. A few short term jobs wont do a thing. Obama just proposed a "jobs bill" that according to a bloomberg survey of economists will carry a cost of 1.8 million per job created. The scary part is that the money printing by the federal gov will by default increase the costs of oil, and commodities in general. Essentially your "solution" perpetuates the problem.

To summarize, we are currently running a 1.6 trillion dollar deficit. The Keynsian definition of stimulus is any deficit spending. Your solution is to ramp up the stimulus even higher?? For me it doesn't make sense. There are structural problems that need to be addressed now. Healthcare was tops on the list and Obamacare literally made the problem worse by INCREASING the cost of health insurance. The second issue is commodity cost. Again all of the stimulus and deficit spending exacerbates the problem by weakening the currency. By my view the solutions you are offering up are actually making the problems worse.
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