50 billion dollars is a start

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Sunday June 13, 2010 · 3:12 AM PDT

2010/06/13 · 03:12

Obama pleads for $50 billion in state, local aid is the headline in today's Washington Post. Yesterday's news was the need for more money to keep doctors from dumping medicare patients. I have argued here many times that we need more jobs and a whole lot more education. Yet the best we seem to be able to do is to struggle with as LaFeminista says are loons in her Its All Effing Natural Rant.

Yes 50 billion to avoid "massive layoffs of teachers, police and firefighters" and to support the still-fragile economic recovery is absolutely necessary and should take maybe a day to pass. But, remember the loons. But 50 billion is a drop in the bucket compared to what is really needed. The "fragile recovery" as Ben Bernanke calls it will still leave many without adequate work and jobless. The money does nothing to clean up the gulf where hundreds of billions of dollars will be needed. To think of how BP is struggling to avoid liability with the help of the loons is heart breaking.

50 billion dollars does nothing for infrastructure other than keep the infrastructure from crumbling more rapidly. The money does nothing for global warming or energy independence. The money does nothing to improve our education system. But, we desperately need the money now and the loons will yell and scream about deficits.

Without spending lots of money, and I mean short term on the order of a trillion dollars, to right the ship the US will capsize and then we will all by covered in oil. People think of money as a lubricant like KY jelly. Unlike KY jelly money does not make sex better. Money is only an exchange medium not a product. We need to create products not worry about deficits. Yeah, cheaper and more jelly. We need to invest now and to improve productivity tomorrow, instead of the destruction we are giving the earth today.

50 billion dollars like the stimulus is only a start.

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