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. #31
    Villiage Idiot
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by iacardsfan View Post
    That seems to be the strategy.
    As long as money keep accumulating at the top, where it tends to enter the la la land that we call "Wall Street", we have to keep pumping more money, else Main Street wouldn't have any.
    Quote Originally Posted by ocean515 View Post
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    I see a big problem with the idea that whatever the majority wants is OK.

  2. #32
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by MildSteel View Post
    As long as people accept the money that the government prints, yep it will never run out. The question is, will people keep accepting it.
    We've been accepting it for the past 237 years, I think we probably will keep accepting it for quite a few more. I mean what the heck, why not?
    Quote Originally Posted by ocean515 View Post
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    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  3. #33
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by iacardsfan View Post
    I dont sanction the use of individuals money to be reallocated to others for the sake of their economic benefit. As for printing more money, that would simply devalue our currency and foreign nations to keep away.
    The U.S. has been printing money to high heaven for years, yet the dollar is strong relative to many of the world's currencies. How do you explain that?

  4. #34
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by imagep View Post
    As long as money keep accumulating at the top, where it tends to enter the la la land that we call "Wall Street", we have to keep pumping more money, else Main Street wouldn't have any.
    that is happening even with government supply small businesses with great rates on loans, and taxing the wealthy to hopefully redistribute it downward. Hasn't exactly worked.
    "Conservatism is the blind and fear-filled worship of dead radicals."
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  5. #35
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by MildSteel View Post
    Would that be when nothing else works?
    Pretty much.

    At least when nothing else is working well enough.
    Quote Originally Posted by ocean515 View Post
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    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  6. #36
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by MildSteel View Post
    The U.S. has been printing money to high heaven for years, yet the dollar is strong relative to many of the world's currencies. How do you explain that?
    We are strong relative to other nations because Chinas slowdown and the Euro uncertainty has sent those investors to the dollar.
    "Conservatism is the blind and fear-filled worship of dead radicals."
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  7. #37
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by imagep View Post
    Only for the last two hundred and thirty seven years. Debt hawks tell me that two hundred and thirty seven years isn't long enough to prove anything, and hyperinflation and the collapse of the dollar is always just around the corner.
    We are probably dipping our toes knee deep in the deflation trap, but time will tell (actually to me time has already told this)

  8. #38
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by MildSteel View Post
    There would be boom and bust cycles even if the government did not do it. Actually to cycles are due to human greed, at least in my opinion.
    Human greed and irrational behavior.
    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. #39
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by imagep View Post
    We've been accepting it for the past 237 years, I think we probably will keep accepting it for quite a few more. I mean what the heck, why not?
    Yep, sure looks that way!

    It's like a guy being stranded on a desert island with only one girl.

  10. #40
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    Re: Does governnent spending produce economic growth?

    Quote Originally Posted by iacardsfan View Post
    I dont sanction the use of individuals money to be reallocated to others for the sake of their economic benefit.
    What about when it's for the sake of EVERYONES benefit (including the people who are paying their government bill).

    As for printing more money, that would simply devalue our currency and foreign nations to keep away.
    If we printed money faster than the world could produce goods and services, yes. Not likely to happen anytime soon, especially in this global economy.
    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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