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No, I think its irresponsible, especially in light of all the nonsense being funded. Stimulus does not create recovery, any more than the stimulus of a massive
by stretchwithme 16y ago
No, I think its irresponsible, especially in light of all the nonsense being funded.
Stimulus does not create recovery, any more than the stimulus of a massive housing bubble and two ways prevented the current economic trouble.
In fact, government created this bubble and the inevitable with stimulus. A phony economy where building things that people would not ordinarily demand requires building an expensive infrastructure which becomes useless when the phony economy collapses.
We can either let the economy return to normal, building things people are willing to pay for. Or we can try to create another phony government-directed economy with another recession to follow.