tag:blogger.com,1999:blog-7821345570811107481.post1507461881700475408..comments2024-03-17T00:13:44.599-07:00Comments on Marty Nemko: Obama's Stimulus Spending Won't Stimulate MuchMarty Nemkohttp://www.blogger.com/profile/14850388752934193821noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7821345570811107481.post-21773731940365921182009-01-29T18:54:00.000-08:002009-01-29T18:54:00.000-08:00As I've written, short-term, as with a heroin shot...As I've written, short-term, as with a heroin shot, there will be benefit in taking next year's tax dollars from successful people and giving them to badly run businesses and spending it on private-sector-rejected alternative energy schemes, and on bailing out people who bought more home or put more on their credit cards than they could afford.<BR/><BR/>But long-term, like that heroin shot, it will truly damage America.Marty Nemkohttps://www.blogger.com/profile/14850388752934193821noreply@blogger.comtag:blogger.com,1999:blog-7821345570811107481.post-24205372737418791372009-01-29T18:24:00.000-08:002009-01-29T18:24:00.000-08:00You wrote:Of course, even more problematic is this...You wrote:<BR/><BR/>Of course, even more problematic is this question: "Where will the trillion dollars to pay for the unprecedentedly massive (and dubious) spending come from? "It will come from the taxpayers, who if instead, were allowed to keep their money would spend much of it on products and services, which would create real, new, enduring jobs.<BR/>-------------<BR/>But the trillion dollars actually comes from FUTURE taxpayers, right? If we allowed them to keep their money, as you advise, so they could spend it on products and services, thus creating real jobs, they would do so in the future, not NOW, which is when we need the economic stimulus.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7821345570811107481.post-11620752960534575302009-01-23T23:00:00.000-08:002009-01-23T23:00:00.000-08:00In response to your comment about infrastructure c...In response to your comment about infrastructure construction: "So, ironically, the largest stimulative effect of Obama's infrastructure spending may be to create jobs for illegal immigrants."<BR/><BR/>Have you heard about Robert Reich's comments? They've been all over the internet for the past 2 days. <BR/><BR/>Directly from his blog:<BR/><BR/>http://robertreich.blogspot.com/2009/01/stimulus-how-to-create-jobs-without.html <BR/> <BR/>The title: "The Stimulus: How to Create Jobs Without Them All Going to Skilled Professionals and White Male Construction Workers." <BR/> <BR/>The end says: "I'd suggest that all contracts entered into with stimulus funds require contractors to provide at least 20 percent of jobs to the long-term unemployed and to people within comes at or below 200 percent of the federal poverty level. And at least 2 percent of project funds should be allocated to such training. In addition, advantage should be taken of buildings trades apprenticeships -- which must be fully available to women and minorities." <BR/> <BR/>He posted it 2 weeks ago, and is still getting comments. More than half of them are from January 22 and 23.<BR/> <BR/>The day before he made this post, he said more of the same on C-SPAN. The video is a bit jerky, but may be worth a look if you have a few minutes: <BR/> <BR/>http://www.youtube.com/watch?v=opxuUj6vFa4 <BR/> <BR/>Just thought you would like to know.Anonymousnoreply@blogger.com