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Wayne.B Wayne.B is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 10,492
Default Where's the stimulus?

On Sat, 19 Feb 2011 08:11:53 -0800, wrote:

Unemployment benefits are one of the
MOST stimulative things around.


I don't think there's any evidence for that. A lot of smart people
would argue that new infrastructure projects, as long as they're
really needed, not only create jobs but also leave behind something of
long term value. More importantly they increase the velocity of money
flow which is a basic economic principle.