re: #86 recusancy

Tax cuts result in $1.02 return for each dollar spent - while dollars directed to infrastructure spending ($1.59), benefits such as food stamps ($1.73), extending unemployment ($1.64), and general aid to state governments ($1.36) produce much higher returns.

Dollars directed to needed infrastructure spending give a positive return. Dollars directed to pointless infrastructure spending, such as a bridge to nowhere in Alaska, do not. In the physical economy, good and valuable things such as fuel, iron, and cement, are used up or put where they can’t be got at and made useful.

There’s only so much useful infrastructure spending that can be done at any given time. In the same way, there’s only so many people who need food stamps, only so many who cannot find work.