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View Diary: Austerity bomb deal must include FEMA aid for Sandy (78 comments)

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  •  Wellll......Redux (0+ / 0-)

    I understand your concern that the money should have a stimulative effect on the United States but every time we get into this discussion there's a tendency by American's top forget that Canadian and American manufacturing, development and research are so tightly wound together  as to be, often, indistinguishable.  The last little trap on this one was after New Orleans got clobbered

    There's a type of sewer/water/drainage piping that's made only in Canada and it took a bit of a battle to make it available in the States for that recovery.  The differences are partly in the materials used and in how the piping joins both of which are supposed to reduce weak points to almost zero. The reality is that it's a joint, cross border effort in the true spirit of NAFTA but the final stage, manufacturing, is done in Canada.  It would have a stimulative effect on both sides of the border, though we need it somewhat less than the U.S. does, but it does fit your understandable desire to maximize stimulative effect in the States.

    I'm not being critical for its own sake but simply to point out that horizons need to be raised at times like this.

    Oh, and for the record, the recovery spending should have nothing to do with the so-called fiscal bluff.  It needs to happen anyway so get on with it already!

    So call the GOP's bluff.  They're backs are against the wall on this one.  One way or another the US tax regime needs to change Jan 1, 2013.  If the Bush tax cuts go down at least there's a clean slate to start from.

    We can live in today or live life not understanding yesterday is a cancelled cheque, tomorrow but a promise all while we piss on today.

    by TtfnJohn on Sun Nov 18, 2012 at 07:00:07 PM PST

    [ Parent ]

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