Will Ramped Up Public Works Stimulate the Economy?
Yes, of course it will, that’s obvious. If you hire more people to build and repair roads and other infrastructure, more people will be earning money. Less people will be out of work. People will have more money to spend. It is blatantly obvious that it will stimulate the economy. Is that a good thing? Not always.
When an economy is on the brink of depression it is an excellent thing. So what is the problem? Is there a down side? Yes like eating too much ice cream, there is always a down side. Sure is good going down but then there is that bulge and if you don’t’ change your ways or partake in moderation, it may end up with a coma. I just love ice cream! Same holds true with government spending.
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