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In my "Can't. Afford. It," comment [1] I wasn't referring to the trickle-down effects, job stimulus, or long-term return on investment. Those are certainly wor
by csense 14y ago
In my "Can't. Afford. It," comment [1] I wasn't referring to the trickle-down effects, job stimulus, or long-term return on investment. Those are certainly worthy issues to discuss, but in comment [1] I was limiting myself to saying that, regardless of the merits of the proposal, it might be difficult for many localities to come up with the financial resources to implement it.
> What the US cannot afford is to continue to cut federal, state, and local jobs when there is already not enough demand in the private sector to provide anything close to full employment.
Whether creating jobs should be a goal of government, or merely a side effect of implementing policies, depends on your politics. (It's as much a question of "big-government" vs. "small-government" as "left" vs. "right".)
[1] http://news.ycombinator.com/item?id=4294310 http://news.ycombinator.com/item?id=4294310
- warfangle 14y ago> it might be difficult for many localities to come up with the financial resources to implement it. Which is why they should issue voted-upon bonds, instead of tax incentives to the corps.