The Geography of Jobs

[MRT144]

Why? I have no debts. Deflation is a good thing for me. Lower prices on gas, food. Lower prices on housing, it's like having free money every week.

You should really donate the excess to charity.

[Ben Kenobi]

Most of the bailouts went out in the form of loans, which will be paid back with interest, or in equity positions, which we'll recoop once the stock is sold [at a profit ]

The problem is will those 'investments' pay off better then having those trillions of dollars in everyone's pocket? Seriously, I wouldn't be pitching money into GM, and other boondoggles. Young people have to pay for ever dollar borrowed over time, 10x what the original cost was in debt maintenance payments.

Some money did go out in the way of grants, such as investments in renewable energy projects and in infrastructure. But, following the destruction of New Orleans and Galveston, it's hard to argue against conteracting climate change . And we badly needed to repair our bridges, levies, roads, dams, etcetera. It's financial suicide to wait for them to collapse before taking action. "A penny of prevention is worth a pound of cure."

An ounce of preventation, dammit. OUNCE! The other one is "mind the pennies and the dollars will take care of themselves."

And the plans of President Bush, President Obama and all the industrial world to provide stimulous money saved the world for a 1930's-type depression that lingered for a decade.

Right, unlike in 1920 where Harding simply let the market correct, and within a year America was back in business.

[Ben Kenobi]

You should really donate the excess to charity.

I bought a box for a soldier.

[MRT144]

I bought a box for a soldier.

That's tasteless.

[Ben Kenobi]

Someone who's putting his life on the line to protect me, even though I'm not even one of his countrymen? Sign me up.

[MRT144]

Someone who's putting his life on the line to protect me, even though I'm not even one of his countrymen? Sign me up.

Maybe I'm not clear on what a box is; Coffin or cardboard?

[Ben Kenobi]

Uhh, seriously?

It has lots of cheeses and sausage.

[KrazyHorse]

I was thinking pink and soft.

[MRT144]

I was thinking pink and soft.

You are always on point.

[Dinner]

Why? I have no debts. Deflation is a good thing for me.

No. Deflation wrecks economies much faster then inflation so if you hope to be employed and live in a country without 1/3 of the people unemployed you don't want deflation.

[Whoha]

Since we're headed there anyway, I'd rather my dollars increased in value.