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Originally Posted by BNaylor
If you post issue(s) such as this at least post a link(s) so we can see what is being tossed around by the politicians. Here is one on the Pelosi plan.
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I had to Google the issue to get a link for you as I based this thread on a bunch of different media outlets mention of the idea over the past few weeks. (When I posted this thread I had hoped respondents would already know of this without links as we seem to be a very educated, up-to-date group.) Here is a link that I found that sums most of it up:
http://www.msnbc.msn.com/id/27328484/
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Originally Posted by BNaylor
Does anyone have any data claiming the previous one worked? Obviously not since the economy tanked. Where are they going to get the money for these programs? Rob the social security trust fund again.  |
If you're talking about the one that they just did back in the spring, it obviously didn't work or at least do it's intended purpose. It may have caused a small spike in sales or delayed some from losing their jobs, but in the end I believe it may have been a good idea that just failed in it's purpose. Perhaps those that proposed the idea at first thought we'd all (or at least most of us) run out and go on a buying spree, but many ended up using the money to pay our bills or to put into a savings account where it would have a lesser effect on stimulating the economy.
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Originally Posted by BNaylor
As far as dumping the money into public works, etc. we pay enough through federal tax, state tax, property tax and gasoline tax, etc. so that is a non starter.  |
While I agree with that, I still think that since they want to go ahead and do something along these lines, ( you know they are and will get the monies from wherever they can
) public works projects can be a good thing. If they were to base it on the program instituted during the Great Depression :
http://en.wikipedia.org/wiki/Works_P...Administration then I am for it. I had uncles back then that were part of the program and it did a lot to get people to work , learn a new skill or skills, and communities benefited from the work that was done. Yeah we pay taxes to do such projects, but if they are going to go ahead and do something like this, then we can get more projects done than if we just relied on what monies were available from tax revenue.
Some of the problems I see in implementing such programs are an issue unions may have with using "non union" ,lesser skilled labor for these projects, and politicians fighting over available funds for projects in their districts, and cutting deals to get more funding similar to what goes on now in the House and Senate to pass a simple bill
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