Monday, August 15, 2011

Government Spending

I've been on the road lately and have noticed how much road construction is going on. The NJ Turnpike and Route 17/I-86 in NY are two of those places. The delays caused by the activity may be annoying at times but the sight of people working and doing meaningful and important work is well worth it. If the private sector will not or can not employ Americans then the federal government must take up the slack. People need work and the paying for that work creates a ripple effect through the entire economy. The money spent on these projects will be immediately pumped back into the economy on rent, food, clothing and a other goods and services. This will be much more effective than giving more money to those who already have more than they can spend and are only hiding it in off-shore accounts or otherwise sitting on it. Besides, these are jobs that can't be out-sourced by Americans companies looking for the cheapest labor they can find. The debt the US government creates by spending on infastructure improvements will pay off in the long run. I would rather see money being spent in the US than in Iraq or Afghanistan; we will appreciate it, they won't.

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