Sunday, July 19, 2009

My view on Stimulus Spending

There are proven ways to spend money that increase wealth of the country were they reside. Pouring money to specific companies and banks isn't one of them.

The best way to invest into a country is to improve its infrastructure. Build better roads, bridges, fiber-optic networks, etc. All these things make creating new businesses profitable and possible. It is all about creating new opportunities for businesses and individuals.

The next best way to create opportunities is investing in education. But not necessarily public schools. There is a pattern of success with charter schools.

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