So, paying for smoking cessation now so we see a payoff in the future is
good. But drilling offshore now so we see a payoff in the future is bad.  I
don't get it.

On Wed, Feb 4, 2009 at 3:14 PM, Judah McAuley <[email protected]> wrote:

>
> I don't know the details of the smoking cessation program. For so much
> of the stimulus bill the devil is in the details. But I agree with
> your analysis. If a project puts more people to work short term on
> projects that are dependable and provide long term benefit, then I am
> in favor of it. Projects that dump money into a hole without expanding
> the labor market or at least providing stability to the existing
> workforce are non-starters.
>
> I think of the projects around here that were built during the great
> depression by the CCC like Timberline Lodge. Some gorgeous amazing
> stuff that has lasted a long time. My grandfather was joking on Sunday
> about knowing which trees were felled by CCC boys because the stumps
> had a crown on top instead of being flat. They didn't understand that
> you needed to pull a buck saw, not push. But they still ended up
> producing some great things and provided people sorely in need with
> jobs and training that kept them afloat and gave them hope for the
> future.
>
> Judah
>
> On Wed, Feb 4, 2009 at 12:04 PM, Jerry Johnson <[email protected]> wrote:
> > 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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