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To: Tax-chick
'taint the gummerint employees who'll be doing the snarfin'. Will be the well connected. Oh, since no one has raised the issue of how the money will be raised, I will. The bucks will come from either our dear Oriental bankers (fat with cash they are) who will then own New Orleans or they will come from

A MASSIVE TAX INCREASE.

Thanks for listening.

11 posted on 09/10/2005 7:22:30 AM PDT by Archangelsk (Handbasket, hell. Get used to the concept.)
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To: Archangelsk

"Government employees" and "the well-connected" are some of the same people, especially in 3rd world polities like Louisiana. Either way, from an economic standpoint, the money will purchase something, to the benefit of some seller, and on down the line.

In the larger picture, as Thomas Sowell observes, the situation is a net loss for the economy, because every dollar spent on rebuilding/repairing/restoring is a dollar that couldn't be spent on a new, productive use. Some will benefit greatly, but for the economy as a whole, opportunities are lost.


14 posted on 09/10/2005 7:38:04 AM PDT by Tax-chick ("The young folks call it country ... the Yankees call it dumb ..." ~Johnny Cash)
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