M|Welsh Design

http://en.wikipedia.org/wiki/Keynesian_economics

Keynes argued that the solution to depression was to stimulate the economy (”inducement to invest”) through some combination of two approaches :

• a reduction in interest rates.
• Government investment in infrastructure – the injection of income results in more spending in the general economy, which in turn stimulates more production and investment involving still more income and spending and so forth. The initial stimulation starts a cascade of events, whose total increase in economic activity is a multiple of the original investment.

The bridge collapse in August… We have plenty of these type projects to do apparently.

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