Yes, that all makes perfect sense. (And does exactly what the stimulus needs
to do).

That construction project gives immediate jobs, prevents immediate layoffs,
buys durable goods, gives medium-term stability to that company and
workforce, and has a long-term structural benefit cause by short-term
spending.

Perfect.

Another good example Obama mentioned yesterday is the weatherstripping.
Immediate need for US made durable goods (weatherstripping). Immediate job
openings for the installers (and coordinators). Lightens the load on a
stressed energy system. Lightens monthly costs for the recipients. And makes
us less dependant long term on "foreign oil".

Again, perfect.

The smoking cessation program, as i understand it, will not create any new
jobs. it will not save at risk jobs. it will not buy any meaningful amount
of durable goods. it _will_ have a very-long-term benefit.

That (to me) is not perfect.

If the smoking cessation programs put new people to work (rather than just
adding money to a single advertising company, and adding money to a tv
network), and had a SHORT TERM benefit equal to the money spent, and _also_
had a LONG TERM benefit, then it fits the stimulus bill.

As Gruss points out hourly, we need to get the stimulus money into people's
pockets NOW, and need to put it into the pockets of people who are going to
_spend_ it NOW. And hopefully that money gets spent over, and over, and over
again.

We cannot afford to put that money into the pockets of people who are
comfortably leaving the money in their pocket (or putting it into their
savings account, or paying off their boat).


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