q: when is a stimulus not a stimulus?
a: when it is exciting for others but not for you.
Harry
----- Original Message -----
From: Jed Rothwell <[email protected]> Date: Thursday, February 26, 2009 6:51 pm Subject: RE: [Vo]:The key to self-sufficient Energy > Rick Monteverde wrote:>
> >I just correctly pointed out that environmental monitoring, good
> or
> >otherwise, is a great example of NOT-STIMULUS . . .
>
> This is a different issue entirely. According to Keynsians,
> spending
> money for any purpose is a stimulus. I wouldn't know about that. I
> know practically nothing about economics, so perhaps you are right.
>
> But I note that spending on WWII was the largest economic stimulus
> in
> history, and every dollar of that was wasted. Deliberately wasted:
> it
> was used to drop bombs and fire off shells, and to build thousands
> of
> warships that were scrapped soon after the fighting ended.
>
> If we are going to spend money it is better to spend it on things
> we
> need such as volcano monitoring. But based on the experience of
> World
> War II w e might get an economic stimulus by absurd economic waste
> such as digging holes and filling them in. It worked even in the
> extreme case in which we dug holes and filled them in with
> hundreds
> of thousands of our dead soldiers.
>
> - Jed
>
>
