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To: USFRIENDINVICTORIA

My furnace is a 90+ efficiency. How much more will he wring out of that?

I mean libs believe in perpetual motion. I was on Salon and read some woman who says every dollar of infrastructure spending = $1.59 of additional GDP (from some OMB study - did any one take math there?).

Why have private spending at all when you can generate near 60% returns through government spending. It worked for the Soviets and Michael Moore says Cuba is a workers paradise.


16 posted on 02/05/2009 3:00:35 PM PST by 1010RD (First Do No Harm)
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To: 1010RD
Your furnace demonstrates the power of diminishing returns. It'll probably cost more to get from 90% to 95% efficiency, than it cost to get from 45% to 90% efficiency.

There probably is some infrastructure spending that would generate a 60% return. That figure might have been based on past experience, where the only the best projects were cherry-picked. When hundreds of billions of dollars are being thrown around — a lot of those cherries will be old, rotten, worm-eaten things & they will actually reduce the GDP.

24 posted on 02/05/2009 3:08:59 PM PST by USFRIENDINVICTORIA
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