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China to Bid on HSR in United States
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=verdana,geneva>Not everybody believes in the so-called multiplier effect.<SPAN style="mso-spacerun: yes"> </SPAN>A lot of people say that it is like scooping water out of the deep end of the pool and dumping it the shallow end to make that end deeper.<SPAN style="mso-spacerun: yes"> </SPAN>If the government had a large pool of saved, unspent revenue money, it could indeed stimulate the economy with it.<SPAN style="mso-spacerun: yes"> </SPAN>But, as it is, the government has no money.<SPAN style="mso-spacerun: yes"> </SPAN>So when it spends money to make a multiplier effect, it must borrow the money from other countries or mortgage the future taxpayers to get it.<SPAN style="mso-spacerun: yes"> </SPAN>The money the government spends to create a multiplier effect is pure debt, so there is nothing to multiply.<SPAN style="mso-spacerun: yes"> </SPAN></FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva size=2></FONT></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva size=2>Think about it.<SPAN style="mso-spacerun: yes"> </SPAN>If governments could actually create wealth by borrowing and spending money, there would be no poverty in the world.<SPAN style="mso-spacerun: yes"> </SPAN>There would be no want.<SPAN style="mso-spacerun: yes"> </SPAN>It would be like creating prosperity by magic.</FONT></SPAN></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=Verdana size=2></FONT></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=Verdana size=2>Generally when governments spend money to get a multiplier effect, the only thing that gets multiplied is the size of government.</FONT></SPAN></P>
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