Saturday, January 10, 2009

Creative ways to stimulate the economy

In their "Style Invitational" the Washington Post... asked for some shovel-ready suggestions on what the government should be spending our money on in an effort to stimulate the economy: Many people thought it might buy a Senate seat from the governor of Illinois...

UberLoser Russell Beland, who relaxes by being an economist during his time off from writing Style Invitational entries, notes that John Maynard Keynes suggested that the government hire teams to bury bottles of bank notes in mineshafts and let the private sector employ people to find them, while Milton Friedman imagined that a government could drop money from helicopters directly to the public.

4.Build a video game room at the Capitol Visitor Center so that school-age kids have something to do while their parents are touring. (David and Wendy Epstein, Potomac, First Offenders)

3.Encourage people to spend money faster by printing it with disappearing ink. (Martin Bancroft, Rochester, N.Y.)

2. the winner of the Official Bush Countdown Clock, useful for the next 10 days: Since pro ball players make great salaries, let's build a major league stadium in every town. (Kevin Dopart, Washington)

And the Winner of the Inker

Erect a picket fence along the whole U.S.-Canada border, so we have something to lean on while we chat about the weather. (Russ Taylor, Vienna)

For the rest of the runners up, go to here. Others I liked included:

Extend FDIC insurance to Ponzi schemes. (Martin Bancroft)

Don't give $17 billion to the automakers. Instead, buy a half-million of the biggest beasts the Big Three make and hand them out to people who have lost their homes to foreclosure. The automakers get the cash, the autoworkers get jobs, and the homeless get a place to live. (Fil Feit, Annandale)

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