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

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

    Quote Originally Posted by apdst View Post

    What market, and/or demand did the New Deal, or the Porkulus package create. Can't wait to hear this.
    Government spending was greater under the New Deal, or WWII?
    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 Goldenboy219 View Post
    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.
    What, by your own admission, brought the US out of the depression? It wasn't the New Deal...and...the stealfromus package won't gring us out of this recession. But, hey I know there's no way to convince you, just wait till 2012, when the economy still hasn't recovered. Who ya gonna believe, then?
    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.

  3. #333
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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by Goldenboy219 View Post
    Government spending was greater under the New Deal, or WWII?
    What market/demand did the New Deal create?
    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.

  4. #334
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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by apdst View Post
    What, by your own admission, brought the US out of the depression? It wasn't the New Deal...and...the stealfromus package won't gring us out of this recession. But, hey I know there's no way to convince you, just wait till 2012, when the economy still hasn't recovered. Who ya gonna believe, then?
    The New deal, real dollar for dollar was smaller than the current stimulus package.

    Big Budget Events - CNBC<--- new deal

    Big Budget Events - CNBC<--- WWII

    Enjoy
    Last edited by Kushinator; 12-13-09 at 02:44 PM.
    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 apdst View Post
    What market/demand did the New Deal create?
    Not nearly enough! There was not the proper monetary stimulus to facilitate a proper recovery.
    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

    What's it going to take for you to figure out that government can't create wealth?

    Why is this so hard to wrap your brain around? Denial, ignorance, wishful thinking? What?
    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
    What's it going to take for you to figure out that government can't create wealth?

    Why is this so hard to wrap your brain around? Denial, ignorance, wishful thinking? What?
    I am not concerned with whether the government creates wealth. Government can create spending, which is ultra important in terms of achieving recovery. Since you have yet to put forth a quality argument in regards to denouncing government spending during a recession, you might as well quit. Your lame ass attempts have all fallen flat. Of course, you wouldn't have the slightest clue as to why (even though i have referenced your time frame errors frequently).
    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 Goldenboy219 View Post
    I am not concerned with whether the government creates wealth. Government can create spending, which is ultra important in terms of achieving recovery. Since you have yet to put forth a quality argument in regards to denouncing government spending during a recession, you might as well quit. Your lame ass attempts have all fallen flat. Of course, you wouldn't have the slightest clue as to why (even though i have referenced your time frame errors frequently).

    Gov't
    spending your money vs You spending your money.

    :\ Hmmmm....

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

    Quote Originally Posted by EpicDude86 View Post

    Gov't
    spending your money vs You spending your money.

    :\ Hmmmm....
    Again, you miss the point.

    You... People are not spending money.... Got it?
    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 Goldenboy219 View Post
    Again, you miss the point.

    You... People are not spending money.... Got it?
    Right, but if I didn't have to pay taxes, I'd have more to spend. And if the Government hadn't spent its way into this mess in the first place it wouldn't need to take my money and spend it where it supposedly needs to be spent.

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