Jim said:
Look up Agengoa Solar, another boondoggle. Instead of using the
money to make affordable panels avaialble to the public, it's a
handout job to the cronies and toadies in District of Criminals.
You CANNOT buy your way out of recession/depression.
I am not so sure that is strictly true, The WPA was instrumental in recovering
from the depression. If you use the public money to (say) build a road, then OK
we have gone into debt, but we have gained an asset (infrastructure). When you
borrow the money and just give it to a corporation, what do we gain in return?
The USA is bankrupt and running on borrowed fumes...
For that, we can thank the last administration, who took a budget surplus and
turned it into a record deficit, while telling us that deficits didn't really
matter because we would just "grow our way out of it". When that growth didn't
happen and, in fact, the economy went into recession, it was them who
immediately started the unprecidented giveaways.
Our children will curse us in our graves for putting them
into perpetual servitude to the money masters...
Agree. Unfortunately, before your children notice the problem, we will all see
the spending power of our savings shrink from the inevitable inflation.
Vaughn
