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Originally Posted by JoshGirls Josh
although i would love the telecom cartel to die, creative destruction does not always lead to better jobs in the future. new devices that would work on a free wifi would create lots of new jobs in asia, not here.
money saved by consumers would go to more of what they already consume: mcdonalds, clothes, movies, & ipads. nobody is well paid at the retail level to sell that schlock.
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You really have no way of knowing what people would spend their money on. It would get money circulating, and that's good for the economy.
But I do get your point. Without a doubt, the benefits would be much greater if we actually still made shit here. Benefits of any type of stimulus would be. But that's a different issue.