obamanomics question...

Quote from blackbook:

could someone please explain to me how restoring roads and bridges and rails is going to boost the economy? sure it will be a booster shot for companies that produce the tools/equipment for these jobs, and road workers, rail builders and bridge painters but how does that help the economy as a whole?
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The crumbling infrasatructure needs repairing. That is a given. People need jobs. That is a given. Better to spend on infrastructure than provide unemployment benefits where they may otherwise not be needed, and get a tangible and meaningful result in the process. Employment in the sector will have a beneficial ripple effect in related and tangential sectors. Win-win-win.

Thanks for asking.

EDIT:
Quote from olias:

I'm sure I'm over-simplifying it, but I'd rather see money spent to build, repair things than go to pay unemployment benefits.
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I see you beat me to it.
 
If done proper, it would create jobs.

Manufactures in Steel, concrete, paving, oil industry out put, quarry's, labor..etc.

This would all boom. However, it will not happen as the last round of "Infastructure" money was not applied proper.

I have a bunch of clients who are in the top Road Construction and Bridge Construction industry. Very few of them saw enough money to do much. In fact, many started bidding and yet to have received responses to bids on "Projects".

OBAMA is a clown. So are most of the idiots in DC. They made sure a few Signs were put up on some simple road way projects.

I heard stories from my clients about how repaving roads that were only 5 years old was about all that happen. I had one client in Washington State, who got a decent size project to repair bridge and roads.

But he is 1 outa how many?

Once again, It's bullshit speak by OBAMA and the Clowns around him.

To bad they didn't pull their head outa there ass and really put that money to work two years ago.

Fucking Ass Clowns.
 
Quote from RealityAnalyst:

You are just a moronic shill for AIPAC and FED, I went over few of your posts.

You like wars, you like that US spends money blowing things up, you like Federal Reserve, you like US debt growing exponentially

I think you are quite a scum.
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Fuck you, you lying piece of shit, and everyone like you. I hate wars and don't respect Bush for invading Iraq. Again, to clarify: fuck you. Let me know when you need a refresher.
 
Quote from EMRGLOBAL:

If done proper, it would create jobs.

Manufactures in Steel, concrete, paving, oil industry out put, quarry's, labor..etc.

This would all boom. However, it will not happen as the last round of "Infastructure" money was not applied proper.

I have a bunch of clients who are in the top Road Construction and Bridge Construction industry. Very few of them saw enough money to do much. In fact, many started bidding and yet to have received responses to bids on "Projects".

OBAMA is a clown. So are most of the idiots in DC. They made sure a few Signs were put up on some simple road way projects.

I heard stories from my clients about how repaving roads that were only 5 years old was about all that happen. I had one client in Washington State, who got a decent size project to repair bridge and roads.

But he is 1 outa how many?

Once again, It's bullshit speak by OBAMA and the Clowns around him.

To bad they didn't pull their head outa there ass and really put that money to work two years ago.

Fucking Ass Clowns.
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100% correct. Had it been done 18 months ago, and done correctly, we would be seeing the fruits of our labor. Instead, we're just seeing fruits.
 
Quote from CaptainObvious:

100% correct. Had it been done 18 months ago, and done correctly, we would be seeing the fruits of our labor. Instead, we're just seeing fruits.
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Sure, as the financial system was crumbling in Bush's wake, he should have started with infrastructure. While middle class Americans were simultaneously being either gouged by health insurers or being denied coverage. Indeed, how did he not manage to immediately fix everything his predecessor took 8 years to fuck over?
 
Quote from bearice:

Wal-Mart is worth $250 billion approximately and Wal-Mart has 2 million employees.

So you can start 8 new Wal-Marts and create 16 million jobs with $2 Trillion (not sure) bailout money instead of giving Trillions of dollars to bankrupt companies and banks.
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my follow up question is very simple... why not just give this money to small business/medium business or dont give any money just implement tax incentives/cuts to small business... i think that would have a greater impact and stimulus than just simply spending it on random jobs that only help a small group.

i am not trying to start a debate here or an argument, just cannot understand why this lil booster shot will work.
 
Quote from blackbook:

my follow up question is very simple... why not just give this money to small business/medium business or dont give any money just implement tax incentives/cuts to small business... i think that would have a greater impact and stimulus than just simply spending it on random jobs that only help a small group.

i am not trying to start a debate here or an argument, just cannot understand why this lil booster shot will work.
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NOTHING will work to ease unemployment... until there is HUGE demand for something.... demand such that people have to be put to work to make the goods to satisfy that demand.

The government can give money via stimulus and tax breaks up the ying-yang... and still there won't be DEMAND to stimulate production.

The only "thing" that comes to my mind as having such significant potential would be if the government were to adopt a policy of "energy independence"... and put people to work manufacturing gasoline-to-natural gas conversions and infrastructure to distribute natural gas. Of course the oil companies would lobby against such action.

Even if the Republicans sweep the House and Senate, employment unlikely to pick up... unless, of course, the Repubs are able to pull off a Warren G. Harding.... seems impossible with Obama driving us over a cliff.
 
Quote from Gabfly1:

Sure, as the financial system was crumbling in Bush's wake, he should have started with infrastructure. While middle class Americans were simultaneously being either gouged by health insurers or being denied coverage. Indeed, how did he not manage to immediately fix everything his predecessor took 8 years to fuck over?
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He was sold as the Messiah that could fix it all, and aside from that left handed compliment, the fix wasn't all that hard had the people in charge been competent. They weren't, so we are where we are.
All that time wasted on heathcare should have went towards improving the economy. Those people being "gouged or denied coverage" are still being gouged and denied, and they're unemployed. What good came from the healthcare circus? Nothing!
 
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