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So if the entire stim package was cuts would we have any infrastructure projects spawned by private investors?
Don't think so.
The problem with the big tax cuts is that they favor the rich for the obvios reasons. Considering the state of the market today, I can't believe people would try to argue that this money is going to be invested, rather, it's going to be parked until the all clear.
The good thing about the proposed stim spending is that it can happen regardless. This is something the private secor can't match at the moment.
Yes, there's still too much silly spending in it, but it does seem to be getting better.
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