Alzado Posted February 1, 2009 Report Share Posted February 1, 2009 stimulus money is intended to get people spending. this strategy is bottom up. tarp funds were intended to get lenders lending. this strategy is top down. credit greases the wheels of the economy. without credit, businesses can't invest in capital or start new projects. these things create jobs. they're two distinct animals. Thanks Haha Confused Sad Facepalm Burger Farnsworth Big Brain Like × Quote Hide Alzado's signature Hide all signatures RIP Farm Eagle Link to comment https://forum.watmm.com/topic/41963-bailouts/page/2/#findComment-938476 Share on other sites More sharing options...
Guest EDGEY Posted February 1, 2009 Report Share Posted February 1, 2009 LOL Alzado said: stimulus money is intended to get people spending. this strategy is bottom up. tarp funds were intended to get lenders lending. this strategy is top down. credit greases the wheels of the economy. without credit, businesses can't invest in capital or start new projects. these things create jobs. they're two distinct animals. I do agree with you (or at least your understanding of the *intention* of these bills). However, I don't think his plan will get "people" spending, it will, however, get "governments" spending. Quote Link to comment https://forum.watmm.com/topic/41963-bailouts/page/2/#findComment-938479 Share on other sites More sharing options...
GORDO Posted February 1, 2009 Report Share Posted February 1, 2009 what's with this phobia to public spending. Thanks Haha Confused Sad Facepalm Burger Farnsworth Big Brain Like × Quote Hide GORDO's signature Hide all signatures ZOMG! Lazerz pew pew pew!!!!11!!1!!!!1!oneone!shift+one!~!!! Link to comment https://forum.watmm.com/topic/41963-bailouts/page/2/#findComment-938754 Share on other sites More sharing options...
Alzado Posted February 2, 2009 Report Share Posted February 2, 2009 well....it's generally inconsistent with our traditional notions of free-market capitalism and federalism Thanks Haha Confused Sad Facepalm Burger Farnsworth Big Brain Like × Quote Hide Alzado's signature Hide all signatures RIP Farm Eagle Link to comment https://forum.watmm.com/topic/41963-bailouts/page/2/#findComment-939039 Share on other sites More sharing options...
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