Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb
As far as I understand, the biggest problem with the stimulus is that it went to more long-term projects (like building of infrastructure) instead of short-term. So less jobs were created immediately, though we will benefit from the stimulus over the long haul. I listen to conservative talk radio sometimes, and this was their biggest complaint about it when it came out.
If that were true....the government would be comprised of 52% Conservatives--49% Independents--19% Liberals. A government that controls every aspect of our economy and society dictates the product.I agree, but not for the reasons you do. The government is a part and product of the whole--the government is a microcosm of the people. Not that it must be so. It's just that, in our case, it is so.
Its a seperate entity that resides and operates in ImaginationlandSure, but again, you're treating it as a separate entity. It's anything but.
The biggest economic boom and advancement of humanity the planet has ever seen........First, we don't have a free market. And we shouldn't.
Second, you're comparing apples to oranges. What do you think would happen if governments all over the world stopped collecting taxes entirely?
And even if you believe it has......AT WHAT COST?Far less, but why is that relevant? The original point of the article was to show that the stimulus spending was going for frivolous stuff. I responded that it had created or saved jobs, and that even though the results may be perceived by some as frivolous, that's hardly important since it's a fact that frivolous things do create employment. Plenty of people are gainfully employed in frivolous pursuits (like marketing plastic pumpkins). In short, the frivolity of the project does not make a good criticism.
At what figure would you say government created or saved jobs act as a detriment rather than a benefit?
$1,000,000.00 per job? $500,000.00 per job? $200,000 per job?
Except nowhere in the theory stated, is there an explanation of where the money ultimately comes from. If we lived in a world of money trees, perhaps that theory would have merit, unfortunately we do not. And employers paying people not to work, has never created a single job in the history of mankindI'm fairly sure they do, though indirectly. Businesses hire people to manage a share in the market. Where the market is softening, businesses fire people. Where the market is strengthening, they hire. That's the theory anyway; the actual situation is more complex. But unemployment checks are money that is spent on things like gas, groceries, mortgage payments, etc.--and the companies doing the selling all employ people. Without that money, those businesses would be laying people off. Where the market is sustained long enough and more revenue is generated, that will typically result in hiring.
Well follow this.........Almost 2 eyars after THE LARGEST SPENDING BILL IN THE HISTORY OF THE WORLD.......we saw a whopping 36,000 jobs created last month.The dislocations in our economy go back a long way. Their most immediate causes lay in some very poor decisions made in the 70's and 80's. But it can be traced back much farther than that.
No, that doesn't follow.
R.I.P......any notion of Government "creating jobs" or government stimulating an economy via MASSIVE GOVERNMENT SPENDING.
Last edited by Badmutha; 02-04-11 at 05:37 PM.
Well here we are almost 2 years later........with a whopping 36,000 jobs created last month.So less jobs were created immediately, though we will benefit from the stimulus over the long haul. I listen to conservative talk radio sometimes, and this was their biggest complaint about it when it came out.
Exactly how long a haul is it?
The project is underway, but these things take quite a long time to even get moving.
Last edited by whysoserious; 02-04-11 at 05:43 PM.
.....and two "Summers of Recovery" later........it seems to have made things worse if anything.
A high speed train to nowhere........For instance, North Carolina is building a high-speed train with the money.
This train will be awesome. I will take it often, as I am sure many will. NC to DC, DC to NY. I will be good for the environment, less on fuel, cheaper on the wallet, and fast.
Why are you upset at us catching up with the rest of the world?