On 25/01/2010 3:56 AM, Eisboch wrote:
wrote in message
...
On Sun, 24 Jan 2010 23:56:47 -0500, I am Tosk
wrote:

There are plenty of things we need in the
infrastructure area. We just need to talk people into paying for it.

The roads and bridges are fine, and the dollar for dollar return in
products is not as good when spent on highway maintenance as it would be
in a decent sock factory. It's not the infrastructure that is holding
back our manufacturing. It's the Un..... well, either way, we need to
address the things that are killing the manufacturing base.

When you start building roads and bridges you also crank up the heavy
equipment factories, the cement plants and the steel fabricators.
There are also other infrastructure items like our failing sewer
systems and water distribution that need work.
We would put a lot of people to work if this wind generation scheme
caught hold but the environmentalists will never let it happen.


I just don't get it. Government spending on infrastructure may create some
jobs in
certain industries, but it needs to be paid for by tax revenues from
somewhere.
Tax revenues come mostly from income taxes on employed people..... 45
percent, I think.
Point is, there has to be more private industry jobs hiring people who pay
taxes than just
those working on infrastructure improvements to pay for it.

Otherwise, the US just continues to borrow money to create a few jobs.

Eisboch

None of this is being paid for, more debt, the same kind of debt that
caused this depression. Congress needs to take Obama's credit card
away, oh wait, congress is liberal-democrat....good luck.

It isn't really that government doesn't have the money for the right
things. It is about priorities and waste.

Continuing to borrow money I suspect is no longer occuring. On he debt
markets I see very little going into government paper to fund this debt.
Democrats and banks are just "creatin" it, seriously.

No one in their right mind is lending Obama #2 trillion and more to come
at a stupid silly rate of 0.01% interest. This is hyperinflationary
money creation going on. Hell, just print it. Which makes me wonder
when the USD collapses, not if.

They only call it debt as government has to account for itself as a loan
to itself in a weird sort of way.