Hence, increasing government debt would be the answer using Keynesian theory. They do that by giving you money that they don't have to spend.... It's called a "rebate".http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/24/bcnstig124.xml
"The mechanism of monetary policy is ineffective in these circumstances. I'm not saying it won't work at all: it will help the banking system but the credit squeeze is going to go on because nobody trusts anybody else. The Fed is pushing on a string,"
Yes, given that roads are actually part of the enumerated powers, I'd rather see that than this damn redistributionist "rebate."I would like to see programs to rebuild our infrastructure and investing in schools.
They will stimulate the economy and create jobs and then at least we will have the benifit of how the money is spent.
no recession yet desh, get some anti-freeze for you cut and paste motor for right now. Heaven forbid you actually have your own ideas formed.