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Kasz216 said:
SamuelRSmith said:
Mr Khan said:
SamuelRSmith said:
theprof00 said:
The answer is simple really.
And a good economic solution during times of crisis.

You pay people to do jobs they really don't want to do, like digging holes.
You pay people to dig holes for minimum wage, or prepare lanes for national railway, etc etc.
The vagrants sleep on a railroad card anyway, so you just put the railcart on the rails and have the homeless somewhere in the mid-US building railroads at minimum wage or something like that.


We have people who are digging holes in Iraq and Afghanistan... spending trillions doing so.

Granted in Afghanistan this could be productive in the long run, if by "digging holes" we are referring to broader infrastructural development programs. Afghanistan sits on a fortune of rare earth metals, last i heard.

Actually, I was referring to the war. Keynsians who believe that spending is spending should have no problem with billions being spent on bombs, etc.


That is the strange disconnect isn't it?  One war got us out of depression because of huge government spending, and another helped get us in one due to huge government spending and is why we can't recover.

I've never seen those two points reconciled.

That's the thing that gets me,  that WW2 seems to be the only data point out there that has any incling of supporting Keynsian economics... and yet, even when you pull that apart, the keynsian argument looks more and more invalid.