Last night, I “invested” in a six pack of beer.
shovel ready investments
The fact that Obama and hid cronies are pulling this same stuff again indicates either how stupid they are or they are stuck on a socialist course, damn the results.
Do they think Americans are that stupid? Do they not know what the election was about? It’s just inconceiveable they are going to throw more money at the economy. And to cloak it in terms of investments is just insane. Do they not know the “stimulus” did not stimulate? Do they not know we are wallowing in debt? Are they dafffy? For Obama to come out and talk about more stimulus “investments” is the height of ignorance and arrogance. God get these loons out of there.
Borrowing to invest...isn’t that called a margin? Wouldn’t the SEC frown on a 100% margin?
If government spending had a decent ROI, the private sector would have already done it. The reason this spending is left to the government is because there IS NO RETURN. Period.
If government spending had an ROI, then by all measures, the economy should be booming after two years of Obama.
Don't listen to Nancy Pelosi tell you that government spending has a better multiplier than private spending...that the most stimulating investment is a welfare payment. It's all BS! Private spending is expansive; it has returns; it has a multiplier >1. Government spending causes contraction; it has a multiplier <1.