Economics and Investing:
The BHO administration seems bent on paving their way out of the recession, with $20 billion in new road and bridge building contracts. But I’m dubious about how efficacious this will be in creating permanent jobs, and boosting economy. This is all just sinking us (collectively) deeper in debt. Take a look at Japan’s massive road building program in the1990s. It certainly didn’t buy them an economic recovery. How can the BHO administration expect anything different? Chad flagged this: Is Washington’s tax exemption on bullion a gold mine? [JWR Adds: As the majority of the 50 States get increasingly desperate …