Quote:
Originally Posted by AVGWarhawk
Therefore the speech should be in a tone that generates consumer confidence. Feel good, etc. It worked for his election. I believe infrastructure needs to be addressed and will generate jobs in the construction industry. This in turn generates business for manufacturers of materials required to repair bridges and roads, etc. Fed money is already set aside for road repair for the states. I don't think the government can go much beyond this for job creation. I don't believe this is a fallacy. However, the fallacy lies in the years it will take for study and contract bidding. Let's face it, BRAC started in 2006. Only this year have actual BRAC closing and moving of bases has occurred. The government is just slow in many respects.
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Basic infrastructure spending is fine and good, and with our crumbling roads and bridges and water systems, probably very sorely needed. But the fallacy of the broken window states that if I break a window, it's good because that means the window repairman is going to get work he wouldn't have gotten otherwise and economic activity has been created. It's a fallacy because the money used to pay the window repairman is being diverted from other more productive uses by the window owner, so nothing has truly been created. Spending taxpayer money to create public works projects for the sake of creating jobs and nothing else is a bad idea, and one that the Democrats seem to cling to.