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Obama fails yet again...
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<blockquote data-quote="wkmac" data-source="post: 611299" data-attributes="member: 2189"><p>Are those jobs really a true economic boom in the long run? Some of your point I do believe.</p><p> </p><p>See <a href="http://www.econlib.org/library/Bastiat/basEss1.html" target="_blank"><span style="color: red">Bastiat's Broken Window Fallacy</span> </a>to get where I'm coming from.</p><p> </p><p>Atlanta built an awesome Olympic stadium but was not sustainable in that format after the Olympics was over. Stadium at more cost was downsized to a baseball field. Other venues around Olympics never fully materalized as dreamed or failed to do anything beyond the games themselves. However, the growth boom from and after the Olympics have stressed the metro Atlanta infrastrcture and was no more manifest than in 2007' when the drought hit crisis mode. Also stimulated a housing bubble too with an extra supporting cast in Uncle Sam.</p><p> </p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/wink.png" class="smilie" loading="lazy" alt=":wink2:" title="Wink :wink2:" data-shortname=":wink2:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 611299, member: 2189"] Are those jobs really a true economic boom in the long run? Some of your point I do believe. See [URL="http://www.econlib.org/library/Bastiat/basEss1.html"][COLOR=red]Bastiat's Broken Window Fallacy[/COLOR] [/URL]to get where I'm coming from. Atlanta built an awesome Olympic stadium but was not sustainable in that format after the Olympics was over. Stadium at more cost was downsized to a baseball field. Other venues around Olympics never fully materalized as dreamed or failed to do anything beyond the games themselves. However, the growth boom from and after the Olympics have stressed the metro Atlanta infrastrcture and was no more manifest than in 2007' when the drought hit crisis mode. Also stimulated a housing bubble too with an extra supporting cast in Uncle Sam. :wink2: [/QUOTE]
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