Letter: Stimulus checks won’t help economy
Monday, May 5, 2008 | 11:01 a.m. CDT;
updated 4:28 p.m. CDT, Tuesday, July 22, 2008
BY
Carleton Spotts, Columbia
Our labor force is underemployed; our infrastructure is outmoded; our economy is probably in recession. The easy political act of sending checks to taxpayers to buy products made in China will do little to stimulate our economy.
The solution that must now be implemented is government financing of public works projects that will both start to satisfy our infrastructure needs and provide jobs. These jobs will be here in America and will, consequently, compound the benefit. It is time for a new Franklin Roosevelt-style new deal.
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Comments
My wife and I are gratefull for the $1,200. We are not sending it to china.We plan to buy gold put it in a small mason jar and bury it in the back yard!