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Old 08-06-2012, 09:18 AM   #160
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Originally Posted by Marco Polo View Post
This helped support 7,000 jobs during the scope of 8 years.

http://money.cnn.com/2012/08/06/news....htm?hpt=hp_c1
In a perfect world, I think government shouldn't do big projects in a good economy and build up their resources to do projects in a bad economy. In a bad economy they'll get better pricing on goods and services because firms are hungry, and they'll also help regulate the economy by filling in the trough at the bottom of recessions. It's an all-around win.

Of course, a long-term project like this or the Interstate Highway System or whatever will likely transcend short-term economic fluctuations. It's probably more for local governments or maybe state government. If I was building a library or airport or something that takes five years or less, I'd want to use this system if I'm a smart local government.

The challenge, of course, will be holding on to your resources during the good times without making it look like you're hoarding. If we trusted our government and if our government really looked out for our money, it would work, but I'm not sure that either is really true.
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