Scott Brown sums up the bottom line of the American Right (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
April 30, 2024, 05:40:33 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  Scott Brown sums up the bottom line of the American Right (search mode)
Pages: [1]
Author Topic: Scott Brown sums up the bottom line of the American Right  (Read 1940 times)
Brittain33
brittain33
Moderators
Atlas Star
*****
Posts: 21,973


« on: September 27, 2014, 06:41:43 AM »

Scott Brown is right. The federal government has never created a single job in its entire existence and is completely powerless to do so...

(pics of people with government jobs)

And if you're a "private sector" worker for General Dynamics, Raytheon or some other military contractor, or for the federal arm of a services/consulting company like Booz Allen Hamilton or Deloitte, your job basically would not exist were it not for federal dollars creating demand for it.

and instead there would be other jobs in other industries if those funds stayed in the private sector rather than through the IRS and the military industrial complex.   

That is presuming there is a fixed pool of dollars in the economy which can be allocated between private and public.

In fact, not all spending and investment is created equal. Government money spent on productive work by low- and middle-class workers goes directly into the economy and is spent on private sector goods and services, whose providers spend the money again. This is the multiplier effect and it's why stimulus in a time of low demand can provide a genuine boost to the economy.

If you want to talk about the military-industrial complex, I'll counter with wasted private spending and investment that stops dollars right in their tracks--how about building McMansions in Fresno on spec, or handing millions to executives who can't possibly spend or invest it all productively.
Logged
Brittain33
brittain33
Moderators
Atlas Star
*****
Posts: 21,973


« Reply #1 on: September 27, 2014, 10:14:30 AM »

Your telling me all those billions of untaxed dollars wouldn't do any good if not directed by politicians?  

No, I'm telling you it does less good going into Paris Hilton's vaults than when it is directed to people who earn less so spend more of their income.

Quote
You must be logged in to read this quote.

Economics is hard, isn't it?
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.017 seconds with 12 queries.