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Where's the stimulus?
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Wayne.B
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First recorded activity by BoatBanter: Jul 2006
Posts: 10,492
Where's the stimulus?
On Sat, 19 Feb 2011 20:12:27 -0800,
wrote:
most if not all of the money from an unemployed person who
receives benefits is SPENT IMMEDIATELY.
No argument that it is spent immediately. The question is whether or
not it provides any long term benefit to the economy which is what
"stimulus" is supposed to do. If it doesn't create jobs and/or
create useful new infrastructure, there is no long term benefit.
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Where's the stimulus?