Quote:
Originally Posted by joshgirls
its clear you are preoccupied with my right wing slant & not with what i am saying.
i'm not defending 8 years, not shilling for tax cuts for the wealthy.
No, spending money on "anything" does not "all" stimulate the economy. There are different multiplier effects. The wealth created by private sector spending is much greater than spending done by the government. You can find this in any college economics text that discusses public versus private allocations of wealth. So a stimulus bill that cuts checks to all consumers will have a much greater effect on economic growth than checks cut to a handful of corporations in bed with the government.
Anyway nothing you said refutes my point. There is no excuse for spending $600K on stickers. This should be a non partisan concept.
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So I guess there are questions that need to be asked. First is how many cars will be getting these stickers? If it is 100 cars that is outrageous. If it is 5,000 cars that is like $120 per car which isn't that bad.
Second, who is making/applying these stickers? If they are hiring a private company to make these and/or apply them then that money goes right into the private sector's hands and that company will pay its employees and they will buy groceries and clothes and they will buy TVs and whatever and spending that money helps to stimulate the economy. If they are buying the decals from a Chinese company and applying themselves it doesn't do much.
So there needs to be more info before you can fully decide if it is really stimulus or not.