Mark Cuban - Public Works, The Inauguration and the next BailOut Scandal « blog maverick

Public Works, The Inauguration and the next BailOut Scandal « blog maverickMark Cuban endorses Obama's plan to spend money on public works projects: “In the big picture this is not a major suggestion. Think of it as something that can be done with no downside and long term benefit.

I personally don’t think a stimulus package of checks or rebates to the consumer will work. I believe consumers are so beaten up and fearful of the future that they will put it in the bank.  Of course 20 years ago that would have been a good thing, These days banks don’t appear to be lending those deposits. So there is no primary or secondary stimulus impact.”