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January 31, 2009

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The devil is in the details.

What is meant by "infrastructure"? Should we massively fund projects that themselves destroy the environment and that encourage citizens to continue to use cars?

Should we build new facilities for "clean water" when we're already flushing huge amounts of water literally down the toilet instead of conserving the water and composting our wastes?

And should we spend huge amounts of money on "stimulus packages" that won't work?

The economists and analysts whom I most respect think this is just a political exercise that will have little effect on the general welfare.

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