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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (527519)	11/10/2009 12:10:59 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 1575427

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.