View Poll Results: Does governnent spending produce economic growth?

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  • Yes

    241 68.08%
  • No

    13 3.67%
  • Sometimes

    100 28.25%
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Thread: Does governnent spending produce economic growth?

  1. #111
    Villiage Idiot
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by American View Post
    But it your progressive world, it doesn't happen only then. In the progressive world the govt is spending huge 24/7/365.
    It's the same with in the conservative world. Spending rose under Reagan, and under Bush. Right now both houses of congress are controlled by republicans, so we should suspect that their first priority would be to cut spending right? Nope, the first thing they did was to go into committee about the 61st bill to repeal Obamacare - something that they know Obama won't sign.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  2. #112
    Villiage Idiot
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by zimmer View Post
    Obama has spent a trillion a year for the past 6-years.
    Nope. Congress controls the purse strings, and it has spent around 3.5 trillion a year.

    Where is the growth?
    GDP is now above our historical average.

    Where are the jobs?
    The unemployment rate is lower at this point into the Obama administration than it was under Reagan. We are now creating between 250,000 and 425,000 jobs a month.

    WTF happened to all that money?
    It pooled in the hands of the wealthy, the rest has been deposited with the fed.

    The Libs smartest man in the world failed with that mountain of cash. How can it be? ROTFLOL...
    Who's that? No one has claimed that Obama is the smartest man in the world. Find me one reference calling him that. I dare you.

    Government is a machine designed to waste. The smaller it is... the better.

    When Reagan came to office, the highest tax rate was 70%. He closed loopholes, reduced the highest rate to 28% and in doing so built the foundation for decades of economic growth.

    Government takes from the people in order to spend. The money is far better off in our hands, than some socialist who wants to engineer society his way.[/QUOTE]
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  3. #113
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by imagep View Post
    It's the same with in the conservative world. Spending rose under Reagan, and under Bush. Right now both houses of congress are controlled by republicans, so we should suspect that their first priority would be to cut spending right? Nope, the first thing they did was to go into committee about the 61st bill to repeal Obamacare - something that they know Obama won't sign.
    I'd like to see them cut $1T out of the budget per year.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  4. #114
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by imagep View Post
    It's the same with in the conservative world. Spending rose under Reagan, and under Bush. Right now both houses of congress are controlled by republicans, so we should suspect that their first priority would be to cut spending right? Nope, the first thing they did was to go into committee about the 61st bill to repeal Obamacare - something that they know Obama won't sign.
    Reps abandoned the "fiscal responsibility" thing 30 years ago. The fact that ANYBODY stills falls for it is mind boggling.
    If you claim sexual harassment to be wrong, yet you defend anyone on your side for any reason,
    then you are a hypocrite and everything you say on the matter is just babble.

  5. #115
    Villiage Idiot
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by Fenton View Post
    Huh ? So we should build more highways ?

    Just arbitrarily start building roads to no where ?
    Not just highways, but infrastructure in general.

    Every somewhere is a no where until there is a road to it.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  6. #116
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by imagep View Post
    Nope. Congress controls the purse strings, and it has spent around 3.5 trillion a year.



    GDP is now above our historical average.



    The unemployment rate is lower at this point into the Obama administration than it was under Reagan. We are now creating between 250,000 and 425,000 jobs a month.


    It pooled in the hands of the wealthy, the rest has been deposited with the fed.



    Who's that? No one has claimed that Obama is the smartest man in the world. Find me one reference calling him that. I dare you.
    [/QUOTE]

    ROTFLOL... a consumer of the BIG LIE...

    Yes Congress has control of the purse.

    Many have claimed Obama is the smartest guy in the room... ROTFLOL...
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  7. #117
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by DaveFagan View Post
    "all the faith in the world"
    Now, don't ya' know that is exactly what makes the US Dollar work. Faith, the same faith you are talking about. Great stuff. Don't need more backing like gold or silver or anything. Hell mon, faith is adjustable and provides the same backing for $18 Trillion as for 2$. Seems like sumpin' might be slippin' there, eh?
    I never said we should go back to the Gold Standard.

    I'm just saying " stimulus to increase aggregate demand " is another BS false narrative that doesn't produce anything exept debt and financial ruin.

  8. #118
    Villiage Idiot
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by Mason66 View Post
    Since you are specifically asking about growth, can you call it growth if you take it from one place in the economy and give it to another?

    Growth and movement are different concepts.
    How does one person starting a business prevent growth?
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  9. #119
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by MildSteel View Post
    I think you gave a good example wrt spending on infrastructure, etc. I would say in addition to that proper expenditure on education can also boost growth. Furthermore, spending for the sake of spending is ridiculous, so I agree with that.

    Where I tend to disagree with you is your point on every dollar that is not taxed or borrowed is money that would have otherwise been put to use. Although technically the Federal Reserve is not a part of the government, it is empowered directly by the government. As such it is an extension of government power. That being the case, the trillions of dollars that the Federal Reserve spent to buy up toxic assets is money can be viewed as an extension of government spending, and is money that came out of nowhere. It was created simply by an entry in a computer, nothing more. It is not money that otherwise would have been put to use.

    That said, your post was decent.
    The problem with the counter you are offering is that dollars do not have intrinsic value - they are representative stores of value for which demand fluctuates. When you print a dollar, you reduce the value of all other dollars, meaning that creating dollars is simply a tax on current dollar holders.

  10. #120
    Villiage Idiot
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by American View Post
    I'd like to see them cut $1T out of the budget per year.
    So you would like to see our GDP 6% lower?
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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