Comments on: Real Stimulus vs. Hand Waving http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/ Jeff Nolan's take on investment, innovation, entrepreneurship and the technology industry Mon, 06 Feb 2012 06:44:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sanjath http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/comment-page-1/#comment-217274 Sanjath Wed, 23 Jan 2008 22:06:13 +0000 http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/#comment-217274 I wanted to say 'Education institutions are _not_ increasing/improving' I wanted to say ‘Education institutions are _not_ increasing/improving’

]]> By: Sanjath http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/comment-page-1/#comment-217273 Sanjath Wed, 23 Jan 2008 22:04:34 +0000 http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/#comment-217273 I am not sure if all the tax cuts made in 2003 merit making it permanent. I do believe that tax code need to be simplified. IMO without really taking a look at the expenditure, it would be irresponsible to cut the tax thinking that it will somehow get compensated. To get the confidence of outside investors, dollar need to stabilize and of course there are multiple things, tax cut is probably one of the factors but not the factor. On the infrastructure, Just looking at the Bay area infrastructure, it makes you feel worried, Bart extension to San Jose would happen only by 2020, all the bay area roads are clogged. Except for few pockets, educational institutions are increasing/improving for the increased population. I am not sure if government by itself is inefficient or we make it to be (thanks to democracy). Rules of the game will keep changing continuously, currently US is in the center of everything, can it keep that position after 10-20 years is the question. I am not sure if all the tax cuts made in 2003 merit making it permanent. I do believe that tax code need to be simplified. IMO without really taking a look at the expenditure, it would be irresponsible to cut the tax thinking that it will somehow get compensated. To get the confidence of outside investors, dollar need to stabilize and of course there are multiple things, tax cut is probably one of the factors but not the factor.

On the infrastructure, Just looking at the Bay area infrastructure, it makes you feel worried, Bart extension to San Jose would happen only by 2020, all the bay area roads are clogged. Except for few pockets, educational institutions are increasing/improving for the increased population. I am not sure if government by itself is inefficient or we make it to be (thanks to democracy). Rules of the game will keep changing continuously, currently US is in the center of everything, can it keep that position after 10-20 years is the question.

]]> By: Jeff http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/comment-page-1/#comment-217009 Jeff Wed, 23 Jan 2008 02:52:17 +0000 http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/#comment-217009 Sanjath, The financial markets are responding in some measure to the uncertainty that the political environment is imposing. the 2003 tax cuts are set to expire. Secondly, while I agree that long term investment is a good thing, time and time again we are faced with factual evidence that supports the notion that the federal government is ineffective at big infrastructure, or even the small kind for that matter. Sanjath,
The financial markets are responding in some measure to the uncertainty that the political environment is imposing. the 2003 tax cuts are set to expire.

Secondly, while I agree that long term investment is a good thing, time and time again we are faced with factual evidence that supports the notion that the federal government is ineffective at big infrastructure, or even the small kind for that matter.

]]> By: Chris Selland http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/comment-page-1/#comment-216946 Chris Selland Tue, 22 Jan 2008 21:31:51 +0000 http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/#comment-216946 Amen... Amen…

]]> By: Sanjath http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/comment-page-1/#comment-216936 Sanjath Tue, 22 Jan 2008 20:54:19 +0000 http://jeffnolan.com/wp/2008/01/22/real-stimulus-vs-hand-waving/#comment-216936 Article says that the solution has to be something like 2003 tax cuts, AFAIK tax cut is still in effect and why are we still having issues? Agreed, I am not all that savvy to understand the economy, but I feel that tax cut is not the magic bullet that will solve the current problem as people have been touting. I tend to like the idea of govt investing in the infrastructure rather than returning/handing out the tax collected. IMO What is required is the investment for the future in terms of transportation, education & healthcare infrastructure. I am not saying that government is a best or efficient mediator to spend this money on our behalf, but I dont see other alternatives that would work even that far. Interest rate cuts may come back to bite us in future, I dont know!! Article says that the solution has to be something like 2003 tax cuts, AFAIK tax cut is still in effect and why are we still having issues? Agreed, I am not all that savvy to understand the economy, but I feel that tax cut is not the magic bullet that will solve the current problem as people have been touting. I tend to like the idea of govt investing in the infrastructure rather than returning/handing out the tax collected. IMO What is required is the investment for the future in terms of transportation, education & healthcare infrastructure. I am not saying that government is a best or efficient mediator to spend this money on our behalf, but I dont see other alternatives that would work even that far. Interest rate cuts may come back to bite us in future, I dont know!!

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