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Originally Posted by sebastian_dangerfield

1. Bullshit. The govt cannot spur sustained economic activity. Markets, investors, businesses - they all see right through it. Sure, there's a limited bump from govt infrastructure building, but no one but a fool assumes it will continue once the project is completed. Transient activity surrounds a project for a while, then it is completed, then that activity disappears. The notion building a highway magically creates tons of new, long term activity on the basis, "Build a paved road and they will come," is lunacy. It's the kind of idiot-think only a govt-planner or policy wonk, who never worked in an actual business, would advocate.

I'll say it again: Govt spending can only provide a bridge loan to the next economic uptick. It cannot create sustained economic growth. Why you can't understand the difference between a patch and cure I can't understand. (You probably think the New Deal brought us out of the Depression, as well.)

You continue to struggle with how changes on the margins impact the whole.

2. Homes need to drop 10-20% to bring more first time buyers into the market in non-FHA products. The Dow needs to drop 2000 points, to bring individual investors back into the game, rather than allowing the hedge fund high-speed trading quant gambling circus we currently have to persist. We need an acute drop that ends the discussion, "Is this the bottom?" with a resounding, "Yes." Which would then be followed with, "So get in now. Invest while it's cheap. Buy because you'll never see a better deal."

I thought you said only the truly wealthy have any money to invest?