The coming liberal thugocracy

[xoxoxoBruce]

Originally Posted by TheMercenary

It just seems like such a small area of the economy I don't see how it is going to jump start us back on the road to economic recovery. How does any of that address the real estate issue, mortgage crisis, or banking issues?

True it's only one area that needs to be addressed, but one I don't want to see kicked to the curb in the fray. I'm not sure the feds can solve the real estate/mortgage/banking mess beyond treating the symptoms and letting play out. I hope somebody much smarter than me (that's most everyone) can find a solution.

Originally Posted by tw

Question of whether money spent is on the right things will always be a challenge. But here is the rub. The economic benefits from these capital projects does not appear for four years.

True, but maybe if people see some tangible effort to improve their infrastructure and services, they will perceive they can put some faith in the future and boost the economy.

Some are so foolish as to ignore the numbers - assume the economy will upturn in a year. That's not what numbers suggest. The numbers say we will be paying off the last decade of economic mismanagement for most of the next decade.

First I was hearing a year and was very skeptical. Then I was hearing 3to4 years and was cautiously optimistic. But I think we have to face the probability that we may never regain the level we've been living at for the past decade.