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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (69485)	5/2/2018 4:37:38 PM
From: TimF	Read Replies (1) \| Respond to of 354429

If I take $5 out of my right pocket, and put it in my left pocket. Later I return it and shove in another dollar saying "here's your interest". I didn't actually have a real return, I just shuffled money around. Yes I had income in the time to be able to pay the dollar (and a lot more), and the government also has (tax) income. But my paycheck isn't something that would normally be considered return on investment, similarly taxation is not an investment with a positive return (its just taking from others). If there was no trust fund at all, the government would have to tax people to pay for SS payments. With the current trust fund it ALSO has to tax people to make the payments. Social Security, Defense, Department of Interior whatever, its all taxing and spending, not financial investment.

To: neolib who wrote (69485)	5/2/2018 4:52:55 PM
From: combjelly	Read Replies (1) \| Respond to of 354429

That is a pretty dangerous thing to ask of Tim. We had a long discussion about deficit spending and stimulating the economy. He seemed to argue that government deficit spending could not stimulate the economy. It was hard to tell because when pressed, Tim does his fan dance where he speculates based on ideology and argues with actual facts. Doing his best to diminish anything that has actually been measured in favor of pure ideology.