02-03-2009, 10:55 PM | #31 |
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No. They would get a lot of it back in Lotto purchases.
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02-03-2009, 11:46 PM | #32 | |
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Now on the question of stimulus...if it takes more than three years to spend, it's not stimulus; it's funding. 60% of the spending in the current bill is funding. Funding programs three to seven years out, on money we're borrowing, only increases long-term deficits and *does not* stimulate the economy now. If we don't care about future defecits...well, ok, as Keynes said, "In the long run we are all dead."
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02-04-2009, 01:10 AM | #33 | |
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02-04-2009, 03:37 AM | #34 |
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Except that I didn't argue that. Government handouts to favored sectors does not lead to de facto economic prosperity, even if some people have fresh cash put in their hands.
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02-04-2009, 04:12 AM | #35 | |
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02-04-2009, 01:43 PM | #36 | ||
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You said the following: Quote:
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02-04-2009, 02:55 PM | #37 |
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And you're over-parsing words (is anyone here surprised?). I'm not Death Dancing with you again. Cheers.
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02-04-2009, 04:44 PM | #38 | |
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Do you have any concerns that it won't stimulate jobs as a stimulus should promote? If so, what are they?
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02-04-2009, 05:15 PM | #39 | |
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It appears the more Americans learn about this pork bill, the less inclined they are to think it will properly stimulate the economy. Via Powerline:
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02-04-2009, 08:08 PM | #40 |
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