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$30B IT Stimulus Will Create Almost 1 Million Jobs
itif writes "This report takes a look at how many jobs you get if you invest $10 billion each in three different IT infrastructure projects — broadband, health IT and the smart grid. It argues that if you are going to be spending billions on a stimulus package, investing in 'digital infrastructure' creates more jobs than physical infrastructure (e.g. roads and bridges) in the short-term, and you get a whole host of other benefits in the long-term."
Ah the curse of our poor mathematical educational system strikes again. $1 million times 350 million people is $350 trillion NOT $350 million.
May be IT investment creates more jobs than physical infrastructure investment. But if the jobs are created in India, are we (Americans) really better off?
sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
...in India. Yess!!!
Don't talk crap
Don't tell me I'm "talking crap" just because I'm not a fan of Governmental intervention. Every single expansion of Governmental power erodes our freedom and liberty. You may not see this or even agree with the premise but you ought to respect my opinion enough not to dismiss it with two words.
and you don't get stuck in a job you hate because you can't get new health insurance for a disease or illness you have developed.
No, you'll be stuck in a job you hate because you need to pay the rent/mortgage/utility bill/etc. The argument that you can't get "new" health insurance is not an argument to remain at a job you hate. Group coverage plans (i.e: the kind you get from your employer) aren't allowed to exclude pre-existing conditions if you already had coverage.
I want peace on earth and goodwill toward man.
We are the United States Government! We don't do that sort of thing.
Ad hominem:
Source A makes claim X
There is something objectionable about Source A
Therefore claim X is false
Have a good day.
That doesn't hold true when the "something objectionable" about "Source A" involves their analysis of the issue at hand.
The Austrian school of economics has long been the "intelligent design" of the economic field.
the school has traditionally advocated an interpretive approach to history to address specific historical events......
its methods consist of post-hoc analysis, and do not generate testable implications; they argue this approach fails the test of falsifiability....
I know of a few other organizations whose philosophies take an interpretive approach to history and whose theories fail falsifiability as well.
Look, plain and simple, the austrian school is not economics, it's a religion being passed off as economics by the dogmatic and corrupt.
VLC FOR MAC IS DYING! IF YOU DEVELOP, PLEASE SAVE IT!!