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

To: i-node who wrote (679676)	10/18/2012 4:33:51 PM
From: J_F_Shepard	Read Replies (1) \| Respond to of 1573242

"Government does not create productivity when it spends." Military budget doesn't count? And then Romney asking for 200B more than the military requested???

To: i-node who wrote (679676)	10/18/2012 4:57:51 PM
From: Alighieri	Respond to of 1573242

on education, infrastructure, etc., and how that will bring us prosperity. Do you doubt that a good education improves one's chances at prosperity? Or that necessary work creates jobs? Can you do that without also raising taxes? Can you provide all these big government programs without taxing more? We spend way more than we take in already...so we need more revenue...no relation to anything "new" Obama wants to do. And yes, you can do these things with savings from other areas. You CERTAINLY CANNOT do these things if you are promising 20% tax cuts across the board, AND if you want to spend 2T more on defense AND if you want to make permanent bush's tax cuts to >250K earners...that is a pipedream. 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. That has nothing to do with the situation we are in. Al