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


To: Tenchusatsu who wrote (713601)5/7/2013 1:58:45 AM
From: bentway  Respond to of 1575605
 
Ten, we keep telling you, we DO care about what's being produced. No "liberal" (that's not a pol with a tank plant in his district) wants to spend money on those tanks. I'd rather spend that money on solar farms, a smart power grid, or actually cabling the entire country with fiber-optic internet backbones.

Who's against THAT? Ask your (R) pols...



To: Tenchusatsu who wrote (713601)5/7/2013 2:07:29 AM
From: SilentZ  Read Replies (1) | Respond to of 1575605
 
How many times have I told you what I'm OK spending on and what I'm not?

You have some snark you like to say over and over about OK deficit spending and not OK deficit spending. Same shit, different day, slightly different situation.

-Z



To: Tenchusatsu who wrote (713601)5/7/2013 2:25:26 AM
From: i-node  Read Replies (1) | Respond to of 1575605
 
>> The point is that when you argue for government spending for the sake of "job creation," it doesn't matter at all what is being produced.

Ten, this is the fundamental confusion of the Left. They have it in their minds that government spending puts money in people's pockets and is, therefore, "stimulative".

What is missing is really simple: consumer spending does not cause economic growth or, in this case, recovery. It is the act of production of goods and services that causes growth and recovery. When you take money from taxpayers (or borrow it) and give it to other people you create zero new economic growth; they're nothing more than transfer payments.

If you look at the rationale discussed by Z, CJ, Al, or any of them, it is this same flawed understanding that belies all of it.