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To: WillT
If I were governor of AK, I would lobby for spending that is necessary for my state but argue against all the junk in the bill. There is a way to do that. This is the worst downturn in at least 25 years so naturally states will be hurting. Let’s face reality here.

Congratulations, you have just described exactly why government spending by definition can't work to stimulate anything except a politicians' quest for power. They will allocate capital for that purpose.

"There are four ways in which you can spend money. You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money. Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost. Then, I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch! Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government. And that’s close to 40% of our national income."

---Milton Friedman

77 posted on 01/31/2009 4:31:07 PM PST by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: Eric Blair 2084

Palin supports the infrastructure spending that is in the bill, which is worthy for her state. As I said, she can support portions of the bill which help her state but argue against the entire bill as it stands now.


79 posted on 01/31/2009 4:34:18 PM PST by WillT
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To: Eric Blair 2084

AND, these decisions about spending our hard earned are being made by a cabal of lawyers — very few Statesmen are left — who haven’t worked an honest day in their lives.


156 posted on 01/31/2009 6:49:32 PM PST by Mad_Tom_Rackham (The committed will surely dominate the complacent.)
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