productivity and infrastructure pork
(12/14/08 - 04:18 AM)

Infrastructure building as a stimulus is a lose, lose situation. Most of the money will be funneled off to existing wealthy people generating more public debt and no increase in real productivity. The effect on unemployement will be insignificant. Yes spending that money in the right places will fix the roads and bridges but it will not improve the underlying economic problem we are faceing which is continuously falling real value added productivity. Not the credit driven pseudo- productivity of the financial and service sectors.

russell
tampa, fl