What Should Be Done to Stimulate the Economy?

link here to article

This article is in response to an article about what can be done in Washington to stimulate the economy. The major point is that we can borrow money on the cheap and we should spend the money on rebuilding our infrastructure which will provide a long term benefit to the economy. Therefore, we should not simply find ways to spend more money to provide short term stimulus without longer term benefit.

This is a good discussion in some ways because it recognizes the need for stimulus, and it is only about how to do it. Its the kind of debate, however, which is 40 weeks late. We should be spending the money on rebuilding infrastructure. Our current problem, however, is that little will be done in Washington on any fiscal stimulus prior to the 2012 elections. Our politicians are dong what they do best. They run perpetual campaigns. The only kind of stimulus plan that will get done in Washington must give both sides something that they can use in their campaigns.