Quote:
Originally Posted by Baraka_Guru
Dollar for dollar, is it better to spend the money on domestic stimulus or on foreign war?
It's also a bit odd to compare the spending applied to the American economy to the spending applied to the Iraq and Afghanistan theatres.
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Money spent in the US actually grows the economy. Money spent on bombing or... just giving away cash (billions are unaccounted) in foreign theatres is pissing in the wind.
One can look at collapsed economy after collapsed economy and all of them collapsed due to lack of stimulus spending. The ones that managed to climb out spent their way out by investing their money back into their nations.
The US needs to spend a lot more on itself before this will end.
It's time to invest in infrastructure that will facilitate the growth of business (as highways and hydro electric dams did in the past). It's time to invest in education. The graduates in China and India are ready to work harder and longer with much less than American graduates with similar educations. Etc.
The shit that America is going through now is not new. It's been done before. America's famed cult of individualism isn't going to solve this mess. Me. Me. Me. The only way the US can work this out is to work together for a common cause. Sadly, this will never happen in America as it has in the past. Quite frequently, the US is its own worst enemy.