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View Diary: The Great Depression Pt. IV (187 comments)

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  •  The 1930s started (0+ / 0-)

    with huge numbers of unpaved streets.

    There were no interstate highways.

    We can spend a few hundred billion on infrastructure, but the bridges that are carrying traffic are almost invariably sound.

    Our problems lay most in dishonesty in financial markets, domestic profit opportunities greatly reduced by better foreign opportunities, and lack of skill/government licensing matches.

    Someone may feel a bit better by a stimulus of injected heroin, but the debt junkie economy of America needs structural reform.

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