View Poll Results: You can't spend your way out of a recession

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  • Agree, you can't (generally)

    42 44.68%
  • Disagree, you can (generally)

    52 55.32%
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Thread: You can't spend your way out of a recession

  1. #201
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by phattonez View Post
    And your argument against it is a bit deceiving. First off, we don't even know if streets would be owned or grids (like areas owned instead of strips). Secondly, with the technology we have in electronic transponders, we don't need toll booths. You can drive right by a "booth" without even having to slow down.
    But what streets would be you be paying for? Major highways are one thing, but secondary roads and streets? You'd need a transponder on every block to decide which road was valuable and who was using it. And what do you do if it loses money? Close it?

    It just won't work.

  2. #202
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    But what streets would be you be paying for? Major highways are one thing, but secondary roads and streets? You'd need a transponder on every block to decide which road was valuable and who was using it. And what do you do if it loses money? Close it?

    It just won't work.
    It wouldn't be up to me. It would be up to the companies that own the roads. Yes, close a road if it's losing money. Otherwise it's a waste of money.

    This is just pure speculation, but I would assume that local businesses would gladly pay the full cost of local roads but that highways would be paid for by users.

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  3. #203
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by phattonez View Post
    It wouldn't be up to me. It would be up to the companies that own the roads. Yes, close a road if it's losing money. Otherwise it's a waste of money.
    Do you think about these things before you post them?

    What if your street doesn't have enough traffic to make money, could the company just close it? How will you get around?

  4. #204
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by phattonez View Post
    It wouldn't be up to me. It would be up to the companies that own the roads. Yes, close a road if it's losing money. Otherwise it's a waste of money.

    This is just pure speculation, but I would assume that local businesses would gladly pay the full cost of local roads but that highways would be paid for by users.
    Oh! Me. Me. Me..... I have a question Actually more than one.

    What is to become of this closed road? Does it get repossessed by bank? If so, how does a bank liquidate an "unprofitable" road? In the event that they want to auction off the land, do they have to sell it an unimaginable loss due to the increased transactional cost to demolish it and turn it into something else?

    I am not sure if you have been involved in building roads or bridges, but those pricks are expensive and time consuming to build. Not only that, given the stabilization requirements to maintain a level surface (sheet piles that are driven 50+ feet into the ground, multi layered surfaces), to turn a safe road into something else would be much more expensive and time consuming than building it.

    Care to address this?
    Last edited by Kushinator; 03-04-10 at 07:40 AM.
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  5. #205
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    Re: You can't spend your way out of a recession

    And what if an unprofitable road that links two profitable ones, owned by someone else, is closed? What if the road is the only way in and out?

  6. #206
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    And what if an unprofitable road that links two profitable ones, owned by someone else, is closed? What if the road is the only way in and out?
    Then people would be using it to get to the other roads, and it wouldn't be unprofitable...
    Education.

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    Re: You can't spend your way out of a recession

    Quote Originally Posted by misterman View Post
    Do you think about these things before you post them?

    What if your street doesn't have enough traffic to make money, could the company just close it? How will you get around?
    You're the only poster on this site that gets into these aimless inane topics. You make a mountain out of a mole hill. Here you are again trying to prove that socialism works great.
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  8. #208
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by The Mark View Post
    Then people would be using it to get to the other roads, and it wouldn't be unprofitable...
    Not necessarily. What if the only way to make these roads profitable was to jam them with traffic? What if too many roads were competing to get to a certain place, so some were closed, and the rest were jammed? And what if poor management or financial troubles of a parent company caused a road to close?

  9. #209
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by American View Post
    You're the only poster on this site that gets into these aimless inane topics. You make a mountain out of a mole hill.
    You want to know why I'm the only one? Because everyone else can see that the idea of privatizing roads (save a few major highways and turnpikes) is complete, total lunacy. I'm the only one entertained enough to taunt you with it.

    Reality. Try it some time.

  10. #210
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    Re: You can't spend your way out of a recession

    Quote Originally Posted by Kandahar View Post
    Completely disagree. In fact, spending is the ONLY way to get out of a recession. A recession is pretty much defined by the lack of spending.
    Ask yourself one simple question: If YOU were unemployed and had no income, would YOU max out every credit card and every other source of credit you have and spend it like crazy? Would that get YOU out of a recession?

    Now go sing, "...Another day older and deeper in debt..."

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