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Thread: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Anthony60 View Post
    Well, that's a new one on me. How about some examples? That is, of the government creating wealth, not taking money from citizens and spending it.
    Here is something in black and white:

    To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries;
    Fiat money also has value as a medium of exchange or no thieves would waste their time.

    It really is that simple when you have a clue and a Cause.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by ttwtt78640 View Post
    The interstate highway system or air traffic control is not a drain on the economy.
    Hmmm... where did they get the funds to pay for it?
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Anthony60 View Post
    Hmmm... where did they get the funds to pay for it?
    did you miss it; our federal Congress can be the best capitalists in the world, with an official Mint at their disposal.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by danielpalos View Post
    Here is something in black and white:
    To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries;
    That's pretty vague. So people create art and invent things of value. And... government creates nothing.

    Fiat money also has value as a medium of exchange or no thieves would waste their time.

    It really is that simple when you have a clue and a Cause.
    Well, I don't see one or the other in your response.
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by danielpalos View Post
    They spend most of their income on consumables. Some may even pay some part of their rent or mortgage. Any increase in demand may require more labor to meet it. It really is that simple.
    It must be quite lonely being as smart as you think you are and yet you say nothing. We have over 100 million Americans on some form of taxpayer assisted welfare, 17.3 trillion in debt, 250 billion a year in debt service, low economic growth, high unemployment and yet you still buy the liberal rhetoric and multiplier effect of unemployment and welfare? Liberalism is a bad disease that needs to be eradicated. Think for a change and stop buying the liberal rhetoric.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by danielpalos View Post
    did you miss it; our federal Congress can be the best capitalists in the world, with an official Mint at their disposal.

    What wealth does the Federal Govt. create and what value does printing money generate? You really don't understand monetary policy either.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Conservative View Post
    It must be quite lonely being as smart as you think you are and yet you say nothing. We have over 100 million Americans on some form of taxpayer assisted welfare, 17.3 trillion in debt, 250 billion a year in debt service, low economic growth, high unemployment and yet you still buy the liberal rhetoric and multiplier effect of unemployment and welfare? Liberalism is a bad disease that needs to be eradicated. Think for a change and stop buying the liberal rhetoric.
    Yet, it is you who only has false analogies due to your lack of a clue and a Cause regarding this social dilemma. Means tested welfare is meant for subsistence level help, not to solve simple poverty.

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by danielpalos View Post
    did you miss it; our federal Congress can be the best capitalists in the world, with an official Mint at their disposal.
    I already pointed out that that is not creating wealth, it just dilutes the money supply. The amount of wealth stays contant, it does not increase by printing money off a press.
    "We have met the enemy and they are ours..." -- Oliver Hazard Perry
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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by danielpalos View Post
    Yet, it is you who only has false analogies due to your lack of a clue and a Cause regarding this social dilemma. Means tested welfare is meant for subsistence level help, not to solve simple poverty.
    You are right, Daniel, I am clueless, totally ignorant after spending 35 years in the business world, employing thousands of employees, and helping generate individual wealth. I really should have been smarter like you, I only got a BS degree, worked my entire life yet have no clue how the economy works like you do. Seems to me living in the socialist republic of California has destroyed your mind. I sure wish you would educate me and others here by giving us your solution to the problems this country faces. All I see is someone promoting printing more money and creating endless unemployment insurance along with a govt. that you believe creates wealth. Couldn't be further from what our Founders created and that which you ignore

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    Re: Economy adds 192,000 jobs; unemployment rate holds steady at 6.7%

    Quote Originally Posted by Anthony60 View Post
    That's pretty vague. So people create art and invent things of value. And... government creates nothing.
    The socialism of our social contract and supreme law of the land cannot be nothing, simply because you cannot Appeal to Ignorance of it. Are you really trying to claim copyrighting and patents are "useless and create nothing"?

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