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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 Redress View Post
    It does not have only one source of revenue. Taxes are the largest, but not the only one. What are the federal government's sources of revenue?

    I notice you have gone from the government cannot create wealth to the government cannot make money, which is too different things. Care to pick and argument and stick with it?
    I've enver used the two simultaneously. My point is, government can't create wealth, because the goverment can't make money. You understand what revenue is, right?

    The governmet's number one source of revenue is taxes. I gotta say it, since you're afraid to. Where do those taxes come from?
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    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
    I've enver used the two simultaneously. My point is, government can't create wealth, because the goverment can't make money. You understand what revenue is, right?

    The governmet's number one source of revenue is taxes. I gotta say it, since you're afraid to. Where do those taxes come from?
    By saying "the government cannot create wealth", you are saying that the government cannot profit itself? Or are you saying the government cannot make people wealthy? What are you saying exactly?
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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

    Quote Originally Posted by Redress View Post
    By saying "the government cannot create wealth", you are saying that the government cannot profit itself? Or are you saying the government cannot make people wealthy? What are you saying exactly?
    All of the above. If the government's primary source of revenue is taxes, then obviously, only the private sector can create wealth. The government can't make money, in the sense that it shows a profit on it's revenue.

    You're catching on.
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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by apdst View Post
    All of the above. If the government's primary source of revenue is taxes, then obviously, only the private sector can create wealth. The government can't make money, in the sense that it shows a profit on it's revenue.

    You're catching on.
    Sure it can. If the government invests it's tax revenues in high return investments, it would show a profit.

    Let me simplify this for you: Profit = revenue - expenses. So in it's simplest form, the government could show a profit(which in this case would be called a surplus, but really is a profit) simply by lowering costs and increasing revenue by a large enough margin.

    Now, let's make this a bit more complicated. Government wants to increase revenue, but without raising tax rates. One way to do this is to increase the tax base. Adding improvements that increase property values would then increase the income from property taxes. Every one wins. The government brings in more money, people have more money, and wealth is created.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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

    Quote Originally Posted by Redress View Post
    Sure it can. If the government invests it's tax revenues in high return investments, it would show a profit.
    That's why we got this big assed deficit, right? Because they make all these profits? Whatever.

    Bottom line is, the money has to come from the private sector. Without the privae sector prospering, the government won't and can't provide wealth to people with their own money.

    It ain't never happened before and it ain't gonna start now, just because The One is in office.

    Now, let's make this a bit more complicated. Government wants to increase revenue, but without raising tax rates. One way to do this is to increase the tax base. Adding improvements that increase property values would then increase the income from property taxes. Every one wins. The government brings in more money, people have more money, and wealth is created.
    What dream world do you live in? Seriously?
    Last edited by apdst; 12-13-09 at 08:00 PM.
    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 Redress View Post
    Sure it can. If the government invests it's tax revenues in high return investments, it would show a profit.

    Let me simplify this for you: Profit = revenue - expenses. So in it's simplest form, the government could show a profit(which in this case would be called a surplus, but really is a profit) simply by lowering costs and increasing revenue by a large enough margin.

    Now, let's make this a bit more complicated. Government wants to increase revenue, but without raising tax rates. One way to do this is to increase the tax base. Adding improvements that increase property values would then increase the income from property taxes. Every one wins. The government brings in more money, people have more money, and wealth is created.
    I'm still laughing about this! You mean that you increase property values, then turn around and tax the increase and you call that creating wealth? I can't even finish my beer, I'm laughing so much.

    You're a prime example of why Libbos should never, ever be in government.
    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
    I'm still laughing about this! You mean that you increase property values, then turn around and tax the increase and you call that creating wealth? I can't even finish my beer, I'm laughing so much.

    You're a prime example of why Libbos should never, ever be in government.
    What part is wrong? Is the government not getting increased revenue? Are the people whose property values went up not worth more? You should laugh less and think more.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

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

    Quote Originally Posted by Redress View Post
    What part is wrong? Is the government not getting increased revenue? Are the people whose property values went up not worth more? You should laugh less and think more.
    No, it' you darlin', that needs to think more. What form does that increase in property value come in, cash? tax credit? And, what form is that increased on property taxes paid to the government in? It's damn sure paid in cash.

    So, where has wealth been created? Sure, the government ripped people off with the increased property tax, but where does the property owner realize any increase in his billfold? He doesn't, does he? The only thing he realizes, is that he's paying more taxes.
    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
    Well, if it's so easy for the government to create wealth, why hasn't it ever worked in the history ofthe modern world and what the hell's taking so long to get it started this time around? Why don't you geniuses educate us on those two items. Thanks in advance.

    oh yeah, where is the money going to come from?
    Fail:

    http://www.debatepolitics.com/breaki...post1058419041

    http://www.debatepolitics.com/breaki...post1058419028

    http://www.debatepolitics.com/breaki...post1058419042

    http://www.debatepolitics.com/breaki...post1058419046

    There's little point in talking to someone who asks for examples, gets them and then pretends they don't exist.
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    Re: LA Times: Obama stimulus spending: $246,436 per new job

    Quote Originally Posted by apdst View Post
    What dream world do you live in? Seriously?
    That is the fundamental basic premise of supply side economics. Christ sakes, do you understand anything?
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

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