Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (163978)	6/10/2005 1:09:43 PM
From: geode00	Read Replies (1) \| Respond to of 281500

You came up with the, it's not a big deal it's only $1K per person, concept. I'm saying that your attempt to make it seem like nothing to each individual is wrong. You're framing it incorrectly in order to make it seem like a petty and negligible cost per person. BTW, if it's not a big deal, why is it we can't pay for it out of petty cash? Why do we have to borrow it?

To: Maurice Winn who wrote (163978)	6/10/2005 1:19:19 PM
From: geode00	Read Replies (2) \| Respond to of 281500

A wiser person said: "comparing spending and GDP is a matter of apples and oranges. GDP is sum of all money that is changing hands. There a multiplier factor attached (typically 5x-10x) to it which is roughly around 10 if the spending change comes at the bottom level of economy. In other words, the cange $1000 in spending at the bottom echelon of society translates into a change of $10,000 in GDP. Viewed this way, that $1000 per capita is at least 12% of GDP which is no chum change."