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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (679672)10/18/2012 4:25:41 PM
From: i-node  Read Replies (2) of 1573375
 
>> That is a huge mischaraterization...I won't even bother to correct it.

You ought to at least tell me how it is a mischaracterization. He tells us every day we need to spend more money -- on education, infrastructure, etc., and how that will bring us prosperity. Can you do that without also raising taxes? Can you provide all these big government programs without taxing more?

Churchill's remark, which has long been one of my favorite quotes, is a very apt metaphor. Government cannot somehow "stimulate" the economy by collecting taxes from its taxpayers and spending that money. Government does not create productivity when it spends. It simply transfers it from once place to another, lopping off a sizable portion of it lost to inefficiency. You're always far better off to provide incentive for people to spend their own money.
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