View Single Post
Old 02-05-16, 08:11 PM
  #16  
Dave Cutter
Senior Member
 
Dave Cutter's Avatar
 
Join Date: Oct 2013
Location: D'uh... I am a Cutter
Posts: 6,139

Bikes: '17 Access Old Turnpike Gravel bike, '14 Trek 1.1, '13 Cannondale CAAD 10, '98 CAD 2, R300

Mentioned: 62 Post(s)
Tagged: 0 Thread(s)
Quoted: 1571 Post(s)
Likes: 0
Liked 12 Times in 9 Posts
Originally Posted by tandempower
Spending money on roads/highways generates revenues and jobs........ that creates more jobs and revenues to buy new cars. It's fiscal stimulus.
Your post reminds me of an awful old 1950's joke about a blonde that thought she had money.... because she still had checks in her checkbook.

Printing money does NOT create wealth (it actually does just the opposite). Taking money from your brother... and giving it to your sister does NOT create wealth. Taking your brothers money away from your sister, and paying someone to do something that doesn't need done.... DOES NOT CREATE WEALTH.

The Interstate Highway System made America wealthier. It allowed market forces to work for people. Those hardworking people created wealth through the sweat of their efforts. Products that previously could never be shipped to market... were. And the shipping prices for many (previously rail shippable) products plummeted.

You really have no idea how markets and economy's work.... not that that is surprising.... as many people really don't. It is similar to the old saying: Teach a man to fish.... you feed him for life. Give a man a fish... and you create a lifelong welfare dependent.
Dave Cutter is offline