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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (527519)	11/10/2009 12:10:59 PM
From: Peter Dierks	Read Replies (1) of 1575622

Obama is on pace to increase the federal budget by one trillion dollars before his first term is up. That's going to be one heck of a "multiplier effect" ... LOL The problem is that government spending has a subtractive effect. With private enterprise you get a multiplier from new economic activity. Government growth subtracts from the economic activity before the multiplier. There is a multiplier effect from government growth but it is very small compared to pure capitalism. This is why the Chinese realized they had to abandon communism and become capitalistic.

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