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Thread: LA Times: Obama stimulus spending: $246,436 per new job

  1. #321
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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post
    Yes, why?

    Because the war create a market for war materials and certainty in that market. The New Deal, like the Stealfromus package, didn't create either of those.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by apdst View Post
    Because the war create a market for war materials and certainty in that market.
    So? The New Deal created a market too, for lots of stuff. Less certainty, perhaps, but a market. And a war creates lots of uncertainty too.

    And are you sure the New Deal did nothing to help? Or was it just that the war was just a much bigger version of the New Deal?
    Last edited by misterman; 12-12-09 at 10:49 PM.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post
    So? The New Deal created a market too, for lots of stuff. Less certainty, perhaps, but a market. And a war creates lots of uncertainty too.

    And are you sure the New Deal did nothing to help? Or was it just that the war was just a much bigger version of the New Deal?
    Without certainty, none of the rest means ****.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by apdst View Post
    Without certainty, none of the rest means ****.
    How does a war create certainty?

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post


    .........

    History.....isn't cool aid.

    source


    War transforms the nation's economy

    The United States had not fully put its economic woes behind it by the time Japanese air and sea forces punched their fist through America's back door at Pearl Harbor in December 1941. Even near the end of the Depression, unemployment remained high. The 1940 census counted 11.1 percent of U.S. heads of household as unemployed. However, a deep, latent productive capacity existed within American industry.......
    He has all the virtues I dislike and none of the vices I admire. ~ Winston Churchill

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by apdst View Post
    Why did the war end the depression and the New Deal didn't?
    Because the New Deal, like the first stimulus, was far too small to deal with the core.

    Listen to the most conservative man on this segment (@ 4 minutes 30 seconds into the clip)........... one year ago!


    [ame="http://www.youtube.com/watch?v=pzz35yJXdfo"]YouTube- John Browne - CNBC - CNBC Reports - 11/21/08[/ame]
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post
    How does a war create certainty?
    Because, with a war, companies know that demand will be created. In January of 1942, casket companies knew there was going to be a demand for their product and they went out and bought up ****loads of materail. Auto plants and shops that were capable of mass producing weapons and ammunition knew there was going to be a demand, so they went out and purchsed tools and material.

    What market, and/or demand did the New Deal, or the Porkulus package create. Can't wait to hear this.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by Goldenboy219 View Post
    Because the New Deal, like the first stimulus, was far too small to deal with the core.

    Listen to the most conservative man on this segment (@ 4 minutes 30 seconds into the clip)........... one year ago!


    YouTube- John Browne - CNBC - CNBC Reports - 11/21/08
    BS, it was too small. It wouldn't have made a difference, no matter how big it was.

    I'll ask yet again...where does the government get it's money from??????????????????
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by apdst View Post
    BS, it was too small. It wouldn't have made a difference, no matter how big it was.

    I'll ask yet again...where does the government get it's money from??????????????????
    The government gets its funds via taxation and borrowing. However, you are setting yourself up with a "no true scottsman" fallacy. We can then take your statement to the private sector, arguing, "where do businesses get their money?" fully assuming that only people, the citizenry only create wealth.

    Assume a business that is facing a zero growth outlook for the the year. If they were to borrow money to invest in efficiency driven capital, where did that money come from? We know it is borrowed However, they will then be able to implement the "tools" to increase profit in the long run and grow (assuming capital depreciation is kept to a minimal).

    BTW, it was too small APDST, and not centered enough on creating infrastructure. How could you disagree that $10 trillion in infrastructure spending would not generate job growth? That does not make any sense.... The new Cowboys stadium was done privately and cost a little over a billion dollars. Imagine if only 1,000 spending projects such as that (but not necessarily stadiums) were implemented within the span of three years. You have jobs, spending circulating, and new facilities/roads/bridges/infrastructure in which the "businesses " -- the citizens who create wealth -- will be more efficient because of.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by misterman View Post
    How does a war create certainty?
    It creates purpose, and you know who to kill: the one trying to kill you. Not 100% certainty, but at least it's a good direction.

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