Wasn't the first stimulus of almost $1T for "shovel ready projects" that would guanentee (WH words) that unemployment would stay below 8% and address this problem. Can I ask - why would be do again what didn't work in the past and what exactly did we get for $1T of our grandchilderns money?
@MrJohngalt2011 Only 8% of the stimulus funding was directed at infrastructure projects, whereas a full third of it was tax cuts. Whether or not the stimulus worked, it is illogical to state that an infrastructure bank is "what didn't work in the past" in reference to the stimulus.
that's my Bammer- never saw a chance to privatize he didn't drool over. Bob rubin and pete Peterson are proud of you Mr. President.
and the rabid randian/friedmanites call this creature of Harvard a "socialist."
classic...
mitchgunthorpe 5 months ago
Wasn't the first stimulus of almost $1T for "shovel ready projects" that would guanentee (WH words) that unemployment would stay below 8% and address this problem. Can I ask - why would be do again what didn't work in the past and what exactly did we get for $1T of our grandchilderns money?
MrJohngalt2011 6 months ago
@MrJohngalt2011 Only 8% of the stimulus funding was directed at infrastructure projects, whereas a full third of it was tax cuts. Whether or not the stimulus worked, it is illogical to state that an infrastructure bank is "what didn't work in the past" in reference to the stimulus.
MainStreetInsider 5 months ago