Sunday, December 27, 2009

Put Down That Shovel!

Forget old-fashioned infrastructure. Here are six government projects to foster a lasting economic recovery.

By Andy Kessler

Here's a fine article. Inventive, forward looking

It's worth the time to click through to read it in full

The House has passed a $154 billion jobs bill, and the administration has announced a plan to spend $50 billion of repaid TARP money to "create" jobs—this time its green jobs, "shovel ready" infrastructure projects ($27.5 billion for highway construction and repair) and a tax credit for small businesses.

Building roads and bridges willy-nilly won't make us more productive; and without increases in productivity and the associated corporate profits, there can be no sustainable job creation, no increase in standards of living, and no real economic recovery.

Stop thinking concrete and massive construction projects. Think small—photons, electrons and proteins. Here are six ideas:

These six ideas are here

No comments: