obamanomics question...

Discussion in 'Economics' started by blackbook, Sep 9, 2010.

  1. There are plenty of roads that need repaving...

    No need to dig up perfectly good roads...

    I know the American government is highly incompetent, but even they should be able to get this right...
     
    #31     Sep 9, 2010
  2. Unless you actually add value to a bottom line, you don't have much hope of being employed.
    ____________________________________________________

    Interesting. So you mean all those WallStreet Warriors, Bankers and Brokers who are now laid off....will not be back?

    I will take it one step further. The entire Market as we know it and it's "People" will be phased out to just a shell of a crew.
    Automation is happing faster in the Markets than any other industry.

    Soon, we will be back to the simple idea of capitalism. Land, Labor, Investment Capital and Production.

    Gee what a Novel Idea.
     
    #32     Sep 9, 2010
  3. You might like this article. Stories where a long time family business bites the dust make me sad.

    "Instead of pouring asphalt, the trucks were parked to the side of Towne’s equipment yard on Burdeck Street, waiting to be sold to the highest bidder.

    Towne, a third-generation, family-owned company that has paved countless roads over 70-plus years, is going out of business.

    The equipment auction is becoming more common as contractors struggle to survive amid a sharp, prolonged downturn in the construction industry. Towne had its own auction on July 10."

    http://www.bizjournals.com/albany/stories/2010/07/19/focus1.html?page=1
     
    #33     Sep 9, 2010
  4. i don't know what section of the country you live in. I live in NYC for over 20 years and damage road still damaged. While they are fixing it up, but they are fixing up the road that are perfectly good.
     
    #34     Sep 9, 2010
  5. I believe $108 billion from the jobs, jobs, jobs stimulus was set aside for infrastructure. Yet here we are, talking as if it didn't happen and another $50 billion is all we need to pave our way to prosperity.
     
    #35     Sep 9, 2010
  6. Walmarts cap is 180 bil. and change.:cool:
     
    #36     Sep 9, 2010
  7. So you can start 11 new Wal-Marts and create 22 million jobs with $2 Trillion (not sure) bailout money instead of giving Trillions of dollars to bankrupt companies and banks.
     
    #37     Sep 10, 2010
  8. S2007S

    S2007S

    Yep more billions on infrastructure because that is what is going to turn our economy around, another worthless fucking idea to prop up the economy, im so tired of the spending they are throwing at the economy thinking its going to be the quick fix everyone wants.
     
    #38     Sep 10, 2010
  9. The ONLY solution.... Unleash Capitalism and cut back on the Socialism. If we don't do that, it's all just a circle-jerk.
     
    #39     Sep 10, 2010
  10. S2007S

    S2007S


    This is not going to pave the way for prosperity, they are hoping and wishing it will but it will do nothing in the long term to change the outlook of the economy. It might push a few jobs here and there but after these projects are over and the money spent more billions will come flowing in to create more infrastructure projects as the economy will still remain pretty much worthless.
     
    #40     Sep 10, 2010