Why Isn't The Stimulus Stimulating? (user search)
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  Why Isn't The Stimulus Stimulating? (search mode)
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Author Topic: Why Isn't The Stimulus Stimulating?  (Read 3085 times)
minionofmidas
Lewis Trondheim
Atlas Institution
*****
Posts: 58,206
India


« on: June 28, 2009, 01:42:02 PM »

For example I would be very much in favour of buying things and throwing them into the ocean.  This simple expedient alone could solve all the car industry's 'problems' in a trice.
Indeed, Keynes pointed out that burying bottles stuffed with cash deep underground and then unleashing a vast workforce of miners to dig them up would be an effective stimulus.

Haha, well I suppose we'd need a similar sized workforce to bury them in the first place.  Why not just set the cash out in bales in the ghetto?  Perhaps Keynes feared this would undermine the 'work ethic'.
Vine Deloria suggested to solve the problems of unemployment on Pine Ridge and not offending the Sioux' selfview as a Warrior People by having the government run a subsidized wagon train across the reservation everyday, and paying the Dakotas the minimum wage for attacking it.
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minionofmidas
Lewis Trondheim
Atlas Institution
*****
Posts: 58,206
India


« Reply #1 on: June 28, 2009, 02:16:55 PM »

For example I would be very much in favour of buying things and throwing them into the ocean.  This simple expedient alone could solve all the car industry's 'problems' in a trice.
Indeed, Keynes pointed out that burying bottles stuffed with cash deep underground and then unleashing a vast workforce of miners to dig them up would be an effective stimulus.

Haha, well I suppose we'd need a similar sized workforce to bury them in the first place.  Why not just set the cash out in bales in the ghetto?  Perhaps Keynes feared this would undermine the 'work ethic'.
Vine Deloria suggested to solve the problems of unemployment on Pine Ridge and not offending the Sioux' selfview as a Warrior People by having the government run a subsidized wagon train across the reservation everyday, and paying the Dakotas the minimum wage for attacking it.

Minimum wage is neither very romantic or stimulative.  The scheme might work better if there were simply bales of cash inside the wagons.
That can be easily combined... (I'm not sure right now, but I think Deloria implied combining it, actually).
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