In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
Options
The highway stimulus and GM bailout is what the left want.
SoreShoulder
Member Posts: 3,132 ✭✭✭
in Politics
Now I get the Obama Highway Stimulus.
Too much money was spent on too small a segment for it to have been an economic stimulus.
Have you ever seen as many people working on the roads at once? Even on Sunday Evening? They had to train 15,000 new workers who probably never worked in the field again because we just don't need that much work at one time, ever.
Well, the highway stimulus portion of the stimulus bill was designed to give a few people too much money, specifically so they'd save it.
When they put it in the banks, there was a lot of temporary liquidity which let banks continue to offer loans at an attractive rate.
The system may have been timed to come to a close right around the time Obama was leaving office because they estimated the amount that the people and road firms would blow through in 8 years.
Too much money was spent on too small a segment for it to have been an economic stimulus.
Have you ever seen as many people working on the roads at once? Even on Sunday Evening? They had to train 15,000 new workers who probably never worked in the field again because we just don't need that much work at one time, ever.
Well, the highway stimulus portion of the stimulus bill was designed to give a few people too much money, specifically so they'd save it.
When they put it in the banks, there was a lot of temporary liquidity which let banks continue to offer loans at an attractive rate.
The system may have been timed to come to a close right around the time Obama was leaving office because they estimated the amount that the people and road firms would blow through in 8 years.