So 3.5%? Wow. Huge! Unless of course the money cannot be spent quickly and then it will be reallocated.
you're the one knocking the money spent on infrastructure, so the $27BB maybe significant, it may not be. you got your question answered, so if you want to truly evaluate instead of just being arugmentative, it would help to know how much they cost, how much they cost to repair, instead of just comparing the total number to the total stimulus number.
I was pointing out how crazy it is to post a picture of a bridge as the reason for the recovery. 3.5% makes that image shady.
I say, isn't war good for the economy? WWII got us out of the great depression. Though Operation Iraqi Freedom isn't necessarily titled as a "war". Don't get me wrong, I am well aware of our troops dying and serving there. I have friends there and come from a military background. But it's not a full fledged "war" as more as it is considered a conflict (as Vietnam was). With America so divided about it, we can't fully gain anything financially or physically from it. Once again. Not necessarily for war, just contemplating the effects of a full blown war on our economy.
This isn't WWII when you had to pull housewives out of homes for labor because all the men were gone.
If they were smart they would have given that stimulus money to home owners to pay off their mortgages, the money would have gone to the banks anyway, and it would infuse the housing market as loans would be cheaper, and people would be looking to upgrade to a bigger house. Instead they gave it to large corrupt corporations...Yippeee ! DD
apparently you haven't seen the uproar of a select few getting mortgage relief. giving some americans money to pay off their mortgages would go over politically as well the tax on tea or stamp act
Still its somewhat stimulating to the economy. Somebody makes the guns, ammo, vehicles, planes, bombs, and more army recruits. Not nearly the boom WW2 provided, since not nearly as high a percentage of the population was needed, and honestly because not as many died(sad but true that a dead person can create a job for another person). The point of this thread is stupid though. One of the worst threads I've seen in here. Stimulus package shouldn't be compared with the Iraq War.
I don't think its really that as much as it just isn't as big a part of the economy, the individual war. we already have an enourmous military budget with no war making planes, tanks, ships, and guns.
I think its clear that in hind site the war with Iraq was/is definitely a mistake. I wish the crappy war and the crappy stimulus never happened.. but oh well....
also just wanted to add.. if I had to choose between the War and the crappy stimulus with a whole bunch of pork and waste I'd still choose the stimulus..
Wow, I have to mark this date on my calendar: this is the day SunsRocketsfan and I agreed on something. :grin:
Except that would be rewarding the homeowners who could not pay their loans in the first place (regardless of how shady the wording of their lending contract was, which in fact is correlated directly with how poor credit score is) rather the prudent ones that waited until they were actually financially solvent before throwin' down 100 bucks on a 350k house. Or a 50k house, it doesn't make a difference. I tend to be the type of person that thinks the government should do no more than meet the minimal needs of a society, things like electricity, water, food in the grocery stores, intact roads, a police and fire department, jails, bridges that don't break, dams that don't fall apart, a doctor who will see you without charging you 200 bucks a visit. I guess this makes me a Democrat for now. Call me when the Republicans decide to form a political party again, I'll be waiting.
