Is now the time to spend?

[Slade3200]

Our economy has been stagnant and is in desperate need of spending to give it a boost. Our two contrasting ideologies would propose; cut taxes to induce private sector spending, or invest in public programs.

Question: what initiatives do you support to grow our economy?

My opinion, there is risk with tax cuts as you do not know if those cuts will be spent or saved by the private sector. With interest rates as low as they are it is the best time for our government to invest in areas of public infrastructure and clean energy and other public programs. This will guarantee jobs and progression in areas that desperately need it. Many economist feel that the state of our economy including the debt are in good shape for this kind of investment. thoughts?

 

[IcebergSlim]

Our economy has been stagnant and is in desperate need of spending to give it a boost. Our two contrasting ideologies would propose; cut taxes to induce private sector spending, or invest in public programs.

Question: what initiatives do you support to grow our economy?

My opinion, there is risk with tax cuts as you do not know if those cuts will be spent or saved by the private sector. With interest rates as low as they are it is the best time for our government to invest in areas of public infrastructure and clean energy and other public programs. This will guarantee jobs and progression in areas that desperately need it. Many economist feel that the state of our economy including the debt are in good shape for this kind of investment. thoughts?

It is unfortunate that the asshat who preceded Obama spent so much "forward"....the opportunity cost of Iraqnam is likely to exceed 3 trillion......that's a lot of infrastructure....