View Poll Results: Does governnent spending produce economic growth?

Voters
354. You may not vote on this poll
  • Yes

    241 68.08%
  • No

    13 3.67%
  • Sometimes

    100 28.25%
Page 18 of 25 FirstFirst ... 81617181920 ... LastLast
Results 171 to 180 of 246

Thread: Does governnent spending produce economic growth?

  1. #171
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:03 PM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by imagep View Post
    Me either. Who said that?

    To the best of my knowledge, government workers do get paid, and they spend that money in the private sector, just like private sector workers do.
    Public sector workers represent a public sector cost. You are attempting to structure your definitions in such a way that there is no such thing as public sector expenditures.

  2. #172
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:03 PM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by DaveFagan View Post
    Get real. You just said more money devalues the dollar. You're falling off both sides of the fence.
    never mind. I guess two possible drivers is too complicated for some


    It's because of the Illuminati, Dave. They are controlling the worlds' monetary supply .

  3. #173
    #NeverTrump
    a351's Avatar
    Join Date
    Oct 2011
    Location
    Space Coast
    Last Seen
    09-09-17 @ 08:54 AM
    Gender
    Lean
    Centrist
    Posts
    6,902

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by Bob Blaylock View Post
    Government does not “pump capital into any economy”. Government cannot give what it hasn't taken from someone else. Every dollar that government “pumps” into some part of the economy is a dollar that it took out of some other part of that same economy.
    Quote Originally Posted by Bob Blaylock View Post
    Any wealth that anyone gets from government, is wealth that government took from someone else. Any economic activity that is stimulated in one part of the economy, is at least matched by a suppression of economic activity somewhere else.
    The principal funds collected from bond purchases are used in order to fund deficit spending, whilst simultaneously guaranteeing the investor his money back in its entirety. Thus, economic growth can and does occur without the theft of another's capital or detrimental effect on an unrelated sector of the economy.

  4. #174
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    Yesterday @ 10:55 PM
    Gender
    Lean
    Independent
    Posts
    23,584

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by cpwill View Post
    Public sector workers represent a public sector cost. You are attempting to structure your definitions in such a way that there is no such thing as public sector expenditures.
    Obviously there are public sector expenditures, but they are spent into the private sector economy.

    Do you think that government employees only shop at government owned stores?
    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.

  5. #175
    Banned
    Join Date
    Mar 2014
    Last Seen
    08-18-15 @ 09:36 AM
    Gender
    Lean
    Undisclosed
    Posts
    4,974

    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.
    No that is not growth.

  6. #176
    Banned
    Join Date
    Mar 2014
    Last Seen
    08-18-15 @ 09:36 AM
    Gender
    Lean
    Undisclosed
    Posts
    4,974

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by Fenton View Post
    Bull, their economy is on life support and their trapped in a unsustainable debt spiral.

    Maybe you should look past your talking points and do a little objective analysis. But then again if you did that you wouldn't be able to call yourself a Liberal anymore.
    What is bull is that crap you are talking. The facts are that the spending has lower unemployment. And it was expected that the national sales tax increase would cause a contraction. Those are facts. But you don't care about that. All you care about is your partisan bulls***.

    Quote Originally Posted by Fenton View Post
    And you think if Greece had their own currency that the would have been able to pull their way out of their mess ?
    That's right. If they had exited the Euro back in 2009, they would have experienced quite a bit of pain, but they would be over it now and well on the road to recovery. But people like you advocated this stupid austerity which meant nothing more than Greece borrowing money to pay creditors. It did nothing for the economy which is why unemployment remains very high and is why they have a more confrontational government now.

  7. #177
    Banned
    Join Date
    Mar 2014
    Last Seen
    08-18-15 @ 09:36 AM
    Gender
    Lean
    Undisclosed
    Posts
    4,974

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by cpwill View Post
    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.
    The problem is not with the counter. Although what you have said with respect to the dollar representing value, your implication that an increase in supply will reduce demand ignores the fact that demand does not decrease on an increase in supply if the supply has not reached quantity demanded.

  8. #178
    Banned
    Join Date
    Mar 2014
    Last Seen
    08-18-15 @ 09:36 AM
    Gender
    Lean
    Undisclosed
    Posts
    4,974

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by faithful_servant View Post
    In a localized, short term view, yes, it does. In a national, long term view, no, it doesn't. In the short term, there is localized spending and growth, but over the long term, there is national loss of critical capital for investment into growth.
    Not necessarily. For example people and corporations can simply hoard the money. In that case the capital is there but it is not being distributed properly.

    Quote Originally Posted by faithful_servant View Post
    This is one the things that so perfectly illustrates one of the biggest differences between liberals and conservatives. Liberals tend towards short term thinking and conservatives tend towards long term thinking. Both have their advantages and even necessities, but short term thinking always leads to more problems than it solves.
    No what it illustrates is that some people think they know what they are talking about, but in reality they just spew regurgitated partisan rhetoric.

  9. #179
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    12-15-17 @ 10:49 AM
    Gender
    Lean
    Conservative
    Posts
    76,323

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by upsideguy View Post
    Yes, in my progressive world, government does provide a safety net and protection (police/fire/EMT/health & disease control and navies) as well as certain services to the common, such as roads, bridges, airports (and air traffic control), high speed rail, ports, parks, dams & flood control, wildlife preserves, seashores, schools & universities.
    You forgot that progressives are all about Federal power, and a lot of the stuff you listed isn't built or controlled by that. The other thing is you want too much federal power, it's like a crutch for insecure people who couldn't fight their way out of a wet paper bag. Well this country wasn't built by sissies, but it is being torn down by them. I'm sick of the build up of federal power that doesn't do this country a bit of good, except for those progressives that can't make it on their own.
    "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.

  10. #180
    Banned
    Join Date
    Mar 2014
    Last Seen
    08-18-15 @ 09:36 AM
    Gender
    Lean
    Undisclosed
    Posts
    4,974

    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by Redress View Post
    It depends. First in your example of tax refunds, the idea is not that they are getting more money to spend, it is that they are getting more money in a lump sum to spend. To do a simplified example, if you are making 50k a year, and your effective tax rate is cut by 1 %, then you are going to be getting about an extra 10 bucks a week to spend. This is not going to really change your spending habits. But if instead of getting 10 bucks a week, you get a lump sum 500 bucks, then you are probably going to splurge and buy something. New TV, new furniture, or in my case a bunch of books and DVDs. If a lot of people get that extra lump sum at once, then it will create a short boost to revenue if your company sells something people want.

    Now to the meat of your question: does government spending produce economic growth. And as others have mentioned, the answer is that it depends. Up to the level of government revenue, the effect is probably a small reductionto a very small increase in growth(it more than likely varies by year and how the money is spent). However, the government does not spend to the level of revenue, it spends beyond that level. And that deficit spending also goes into the economy, creating more growth. So the end effect is an increase in growth.

    We can even measure the effect of government spending on particular items to growth. Here is an example(first google return, not commenting on the actual accuracy of the numbers themselves, just using link to illustrate concept): Infrastructure Economic Multiplier - Business Insider. The article states that the normal multiplier for government spending is 0.5 to 1.5, meaning that for each dollar spent, it grows the economy between 0.50 dollars to 1.5 dollars. The article also states that infrastructure spending(roads and such) reach a multiplier of about 2, or 2 dollars growth for each dollar spent. While I do not endorse the actual numbers(though they could very well be right, I simply do not have enough knowledge to say they are right or wrong), the concept is pretty solid.
    That's pretty good. That said, I thought about it a little bit and I think that even if the government does not deficit spend, it's spending can still cause economic growth as a result of the system of fractional reserve banking.

Page 18 of 25 FirstFirst ... 81617181920 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •