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Economic stimulus

Bush wants to drop money from a helicopter, but this isn't going to do anything to help the economy, and it'll be just another $150 Billion added to the national debt.

What I think we need to do is reestablish the Works Progress Administration or something like it.  Use the money to offer people employment, doing jobs like improving freeways, repairing bridges and building schools and playgrounds.

$150 billion could provide $50,000 a year jobs to THREE MILLION people.

Employing an additional 3 million people and upgrading the nation's infrastructure would go a lot farther to stimulate the economy than just handing everyone a Christmas bonus.


Comments

altivo
Jan. 29th, 2008 07:23 pm (UTC)
You're right of course, but your plan wouldn't buy as many votes as the piddly cash handouts will. That's the ultimate motive. It has nothing to do with the economy and everything to do with "feel good" politics.