tag:blogger.com,1999:blog-7665280159887667854.post3552521445935630930..comments2023-11-03T08:36:57.066-04:00Comments on D.C. Exile: Government Investment Can Mean Many ThingsUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7665280159887667854.post-76076408865086119242011-09-07T13:19:05.967-04:002011-09-07T13:19:05.967-04:00Easy -- improve the business environment. Make it ...Easy -- improve the business environment. Make it easier to do business and you'll get more of it. We need to end this obsession with short-term fixes such as government spending and low interest rates that simply seek to reinflate the bubble. <br /><br />Focus on the micro problems and the macropicture will take care of itself.Colinhttps://www.blogger.com/profile/03573575140584770666noreply@blogger.comtag:blogger.com,1999:blog-7665280159887667854.post-55157191678691313092011-09-07T11:23:38.602-04:002011-09-07T11:23:38.602-04:00The notion that companies should just shovel money...The notion that companies should just shovel money out the door is ridiculous, but with slack demand what do we do to restart the economy? What's the alternative?Jasonhttps://www.blogger.com/profile/04621444962752348431noreply@blogger.comtag:blogger.com,1999:blog-7665280159887667854.post-15881413221501799482011-09-07T09:54:55.026-04:002011-09-07T09:54:55.026-04:00In other words, more calls for misguided Keynesian...In other words, more calls for misguided Keynesianism that has never worked in the past, isn't working now, and never will work. It's utterly faith-based and a bunch of macroeconomic hocus-pocus. This notion that companies should just shovel money out the door willy-nilly, without regard for whether it's being used to productive ends, is utterly ridiculous. It's a recipe for impoverishment, not prosperity.<br /><br />I have no idea why replacing perfectly serviceably computers, meanwhile, would provide any more of a boost to the economy than replacing perfectly good cars with newer ones -- as done with the ridiculous Cash for Clunkers -- which is to say none at all. <br /><br />It's worth noting, meanwhile, that in recent years the federal government has spent <a href="http://washingtonexaminer.com/blogs/beltway-confidential/omb039s-orszag-says-government-inefficiency-due-old-computers-yet-agencies" rel="nofollow">nearly $200 billion</a> on contracts with computer companies. Assuming a federal workforce of 2.7 million, that's over $70K per employee. If the computers are outdated despite the tens of billions spent, that is an indictment of federal inefficiency and indication we should keep as much money as possible away from them as it is essentially a wealth destruction machine.Colinhttps://www.blogger.com/profile/03573575140584770666noreply@blogger.com